Osisko Development Corp. Hits Day High with 11.7% Surge to CAD 5.89

Osisko Development Corp. has experienced a significant surge in its stock performance, gaining 11.7% on February 24, 2026. The stock reached an intraday high of CAD 5.89, reflecting a strong day of trading for the small-cap company operating in the gems, jewellery, and watches industry. In terms of performance metrics, Osisko Development Corp. has shown a remarkable 183.66% increase over the past year, significantly outperforming the S&P/TSX 60, which recorded a 27.5% gain during the same period. The company's year-to-date performance stands at 23.23%, again surpassing the S&P/TSX 60's 5.16%. However, the stock's performance over longer time frames reveals challenges, with a 5-year decline of 76.88% compared to the S&P/TSX 60's 78.97% increase. Despite the recent uptick, the company has faced difficulties, including negative results for the last eight consecutive quarters and a low return on equity of -18.67%. These factors contribute to a complex financial landscape for Osisko Development Corp., which continues to navigate its position within the market.