Osisko Development reports on Cariboo Gold Project

Published 12/06/2025, 14:18
Osisko Development reports on Cariboo Gold Project

Osisko Development Corp., a mining company with a market capitalization of $2.43 billion, has filed a Form 6-K with the United States Securities and Exchange Commission, providing an update on its Cariboo Gold Project located in British Columbia, Canada. The document, dated June 11, 2025, and filed on Thursday, June 12, 2025, includes a technical report prepared according to NI 43-101 standards on the feasibility study of the project. According to InvestingPro analysis, the company appears undervalued based on its Fair Value assessment.

The technical report, listed as Exhibit 99.1 in the filing, offers a detailed assessment of the Cariboo Gold Project’s viability. The study encompasses various aspects of the project, including geology, mineralization, exploration, drilling, sampling, and planned operations.

Osisko Development, which operates within the gold and silver ores industry, is incorporated under the laws of jurisdiction Z4 and has its executive offices at 1100 Avenue des Canadiens-de-Montréal, Suite 300, Montreal. The company, formerly known as Ringbolt Ventures Ltd., changed its name on April 8, 2008.

The report was signed by Alexander Dann, Chief Financial Officer and VP Finance of Osisko Development Corp., thereby fulfilling the company’s obligation under the Securities Exchange Act of 1934.

Investors and stakeholders in the mining sector may find this report significant as it provides insights into the feasibility and potential of the Cariboo Gold Project. The filing with the SEC ensures transparency and provides verifiable information for anyone interested in the company’s operations and prospects.

This announcement is based on a press release statement and serves to inform the public and investors of the latest developments regarding Osisko Development Corp. and its Cariboo Gold Project.

In other recent news, DoubleVerify (NYSE:DV) has announced a significant boost to its second-quarter revenue guidance, now expecting between $180 to $184 million, marking a 17% year-over-year increase. The company has also updated its adjusted EBITDA guidance to a range of $52 to $56 million. For the full year 2025, DoubleVerify projects revenue growth of approximately 13%, with an adjusted EBITDA margin of around 32%. Additionally, the company has entered into a partnership with Lyft (NASDAQ:LYFT) to provide media verification capabilities across Lyft’s advertising platform, enhancing transparency for advertisers.

DoubleVerify recently unveiled its DV Media AdVantage Platform, integrating technologies from its acquisitions of Scibids and Rockerbox, which is expected to enhance product adoption. Stifel has raised its price target for DoubleVerify to $18, maintaining a Buy rating, while Canaccord Genuity reiterated a $24 price target, citing growth potential. Citizens JMP also maintained a Market Outperform rating with a $20 price target, noting the company’s evolution into a performance-oriented platform. The introduction of the AI-powered DV Authentic AdVantage for video ads further demonstrates DoubleVerify’s commitment to innovation and performance optimization.

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