Central Banks Drive $407 Billion ETF Surge as Industry Consolidation Accelerates
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 22 2025
0mins
Should l Buy ODV?
Source: PRnewswire
Central Bank Gold Purchases: Global central banks have significantly increased gold purchases, acquiring over 1,000 tonnes annually for the past three years, which has led to a surge in gold ETFs and record assets under management of $407 billion as of August 2025.
RUA GOLD Inc. Developments: RUA GOLD Inc. has reported exceptional high-grade results from its Auld Creek project, with plans to expand its resource base and a strong financial position of $14 million to support aggressive exploration efforts in New Zealand's mining districts.
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Analyst Views on ODV
Wall Street analysts forecast ODV stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ODV is 6.12 USD with a low forecast of 5.76 USD and a high forecast of 6.48 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 3.350
Low
5.76
Averages
6.12
High
6.48
Current: 3.350
Low
5.76
Averages
6.12
High
6.48
About ODV
Osisko Development Corp. is a continental North American gold development company focused on past-producing mining camps. Its projects include Cariboo Gold Project and Tintic Project. The Cariboo Gold Project is a 100% owned gold and silver project covers an area of over 192,000 hectares (ha) land package and it is located in British Columbia, Canada. The Tintic Project is an exploration and development stage precious and base metal property, located in western Utah County, 95 south of Salt Lake City. The Tintic Project encompasses the East Tintic District with 23 past-producing mines and includes the Trixie gold deposit, one of several gold and base metal targets, including porphyry, epithermal and carbonate targets within the project boundaries. Its James Bay Properties cover approximately 86,000 ha in northern Quebec Canada. Its exploration metals include lithium and precious metals.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Extensive Industry Experience: Harrison brings over 13 years of experience in environmental assessment, reclamation, and regulatory compliance, having managed major permit amendments for large-scale mining projects, ensuring smooth project progression.
- Previous Role Background: Prior to joining Osisko, Harrison served as Project Manager at JDS Energy & Mining, overseeing compliance in the Environmental Division, and held the position of Environmental Manager at Artemis Gold's Blackwater Gold Mine, accumulating significant hands-on experience.
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- Potential Earnings: The transaction includes future cash payments and stock options, with Osisko expected to receive $2 million in cash or up to 9,398,496 Axo shares upon Axo's public filing of a feasibility study, further improving the company's financial flexibility.
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- Use of Proceeds: The funds will be allocated for infill and exploration drilling at the Cariboo Gold Project, as well as for general working capital, ensuring the project's ongoing advancement and operational stability.
- Over-Allotment Option: The underwriters have the option to purchase an additional 5.3 million shares to cover over-allotments, providing the company with flexibility for further financing and enhancing the stock's appeal in the market.
- Stock Price Reaction: Following the announcement, Osisko Development's stock price rose by 1.81% in after-hours trading to $3.78 per share, reflecting investor optimism regarding the company's future prospects.
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Percentage Increase: The price of silver has risen over 11% recently, contributing to its record-setting value.
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Spot Silver Continues Decline, Currently Down 6% at $67 per Ounce
- Market Performance: Silver prices have experienced a decline, dropping 6% to $67 per ounce.
- Trend Analysis: The recent downturn in silver prices indicates a potential shift in market dynamics.
See More
Osisko Development Appoints New VP of Permitting and Compliance
- New VP Appointment: Osisko Development has appointed Sarah Harrison as Vice President of Permitting and Compliance effective February 2, 2026, aiming to enhance the company's compliance capabilities within the western Canadian mining ecosystem and improve project management efficiency.
- Extensive Industry Experience: Harrison brings over 13 years of experience in environmental assessment, reclamation, and regulatory compliance, having managed major permit amendments for large-scale mining projects, ensuring smooth project progression.
- Previous Role Background: Prior to joining Osisko, Harrison served as Project Manager at JDS Energy & Mining, overseeing compliance in the Environmental Division, and held the position of Environmental Manager at Artemis Gold's Blackwater Gold Mine, accumulating significant hands-on experience.
- Company Development Strategy: Osisko Development focuses on developing gold projects with district-scale potential, aiming to become an intermediate gold producer through its 100%-owned Cariboo Gold Project, and Harrison's expertise will further drive the implementation of this strategy.
See More
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Market Surge: Spot gold prices have surged above $5,300, setting new records in the market.
FOMC Meeting Anticipation: The increase in gold prices comes ahead of the upcoming Federal Open Market Committee (FOMC) meeting.
See More
Osisko Development Completes Sale of San Antonio Gold Project
- Transaction Completion: Osisko Development has successfully sold its 100% interest in the San Antonio Gold Project located in Sonora, Mexico, receiving 15,325,841 Axo common shares, representing a 9.99% stake, thereby enhancing its capital base in gold mining development.
- Potential Earnings: The transaction includes future cash payments and stock options, with Osisko expected to receive $2 million in cash or up to 9,398,496 Axo shares upon Axo's public filing of a feasibility study, further improving the company's financial flexibility.
- Financing Conditions: Should Axo raise over $10 million in equity financing, Osisko will retain a 9.99% interest in Axo, reflecting the company's strategic positioning for future market opportunities and ensuring long-term benefits.
- Legal Support: Bennett Jones LLP acted as legal advisor to Osisko in this transaction, ensuring compliance and smooth execution, showcasing the company's expertise in navigating complex deals.
See More
Osisko Development Secures $125 Million in Bought-Deal Offering
- Offering Size: Osisko Development successfully raised approximately $125 million by issuing about 35.3 million common shares at $3.54 per share, indicating strong market confidence in its projects.
- Use of Proceeds: The funds will be allocated for infill and exploration drilling at the Cariboo Gold Project, as well as for general working capital, ensuring the project's ongoing advancement and operational stability.
- Over-Allotment Option: The underwriters have the option to purchase an additional 5.3 million shares to cover over-allotments, providing the company with flexibility for further financing and enhancing the stock's appeal in the market.
- Stock Price Reaction: Following the announcement, Osisko Development's stock price rose by 1.81% in after-hours trading to $3.78 per share, reflecting investor optimism regarding the company's future prospects.
See More
Spot Silver Reaches All-Time High of $115.13/Oz, Surging More Than 11%
Record High for Silver Prices: Silver prices have reached a record high of $115.13 per ounce, marking a significant increase.
Percentage Increase: The price of silver has risen over 11% recently, contributing to its record-setting value.
See More
