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Osisko Development (ODV) investor relations material
Osisko Development Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary10 Nov, 2025
Executive summary
Ended Q3 2025 with $401.4 million in cash and cash equivalents and drew $137.2 million under a new US$450 million financing facility.
Completed private placements totaling $280.4 million in Q3 and an additional $82.5 million after quarter-end.
Advanced pre-construction and underground development at Cariboo Gold Project, with significant progress in infill drilling and infrastructure.
Sold 877 ounces of gold from Tintic Project's small-scale heap leach operation.
Financial highlights
Generated $4.4 million in revenue and $3.0 million in cost of sales from gold sales at Tintic, compared to $0.2 million and $0.1 million respectively in Q3 2024.
Outlook and guidance
Infill drilling at Cariboo Gold Project expected to complete in Q1 2026, with ongoing pre-construction and infrastructure milestones scheduled through 2026.
Tintic Project's small-scale operations to continue into Q4 2025, with limited activity expected beyond care and maintenance.
San Antonio Gold Project remains in care and maintenance, with plans to re-submit permit applications.
Appian facility: conditions for next draws?
Tintic Project: rationale for limited activity?
San Antonio: strategic review's permit impact?
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Next Osisko Development earnings date
Q4 202530 Mar, 2026
Next Osisko Development earnings date
Q4 202530 Mar, 2026
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Frequently asked questions
Osisko Development Corp is a mining company focused on the exploration, development, and production of precious metal properties, primarily gold. The company operates projects in North America, with a key emphasis on advancing its high-potential gold mining assets. Osisko Development employs modern exploration techniques and sustainable practices in its efforts to develop long-term mining operations. The company’s portfolio includes various exploration-stage and development-stage properties that are positioned for future production. The company is headquartered in Montreal, Canada, and its shares are listed on the TSX.
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