OGC:TSX-OceanaGold Corporation (CAD)

COMMON STOCK | Gold | TSX

Last Closing Price

CAD 2.75

Change

0.00 (0.00)%

Market Cap

CAD 1.94B

Volume

1.57M

Avg Analyst Target

CAD 3.28 (+19.32%)

Avg User Target

CAD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict


OceanaGold Corporation (OGC) Stock Analysis:
Based on the OceanaGold Corporation stock forecasts from 7 analysts, the average analyst target price for OceanaGold Corporation is CAD 3.28 over the next 12 months. OceanaGold Corporation’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of OceanaGold Corporation is Slightly Bearish, which is based on 4 positive signals and 8 negative signals. At the last closing, OceanaGold Corporation’s stock price was CAD 2.75. OceanaGold Corporation’s stock price has changed by +4.17% over the past week, -13.79% over the past month and +8.70% over the last year.

About

OceanaGold Corporation, a gold producer, engages in the exploration, development, and operation of mineral properties. It explores for gold, copper, and silver deposits. The company operates the Didipio gold-copper mine located in the Nueva Vizcaya and Quirino provinces on the is ...Read More

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2022-05-21 )

Largest Industry Peers for Gold

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
NGT:CA Newmont Corporation

N/A

CAD67.22B 50.00 18.85
ABX:CA Barrick Gold Corporation

N/A

CAD47.26B 19.19 6.44
FNV:CA Franco-Nevada Corporation

N/A

CAD34.08B 36.16 27.11
AEM:CA Agnico Eagle Mines Limited

N/A

CAD31.51B 29.64 18.69
WPM:CA Wheaton Precious Metals Corp

N/A

CAD23.96B 24.94 22.94
NCM:CA Newcrest Mining Ltd

N/A

CAD21.03B 16.32 9.85
KL:CA Kirkland Lake Gold Ltd

N/A

CAD13.11B 11.76 7.12
K:CA Kinross Gold Corporation

N/A

CAD7.50B 25.53 7.69
EDV:CA Endeavour Mining plc

N/A

CAD7.38B 58.37 6.82
YRI:CA Yamana Gold Inc

N/A

CAD6.48B 35.10 7.26

ETFs Containing OGC:CA

Symbol Name Weight Mer Price(Change) Market Cap

Market Performance

  Market Performance vs.
Industry/Classification (Gold)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 25.00% 94% A 95% A
Dividend Return N/A N/A N/A N/A N/A
Total Return 25.00% 94% A 94% A
Trailing 12 Months  
Capital Gain 8.70% 90% A- 85% B
Dividend Return N/A N/A N/A N/A N/A
Total Return 8.70% 87% B+ 84% B
Trailing 5 Years  
Capital Gain -36.49% 35% F 16% F
Dividend Return 1.15% 11% F 2% F
Total Return -35.33% 35% F 15% F
Average Annual (5 Year Horizon)  
Capital Gain -5.01% 15% F 8% F
Dividend Return 0.29% 20% F 11% F
Total Return -4.72% 14% F 7% F
Risk Return Profile  
Volatility (Standard Deviation) 27.76% 84% B 33% F
Risk Adjusted Return -17.01% 15% F 15% F
Market Capitalization 1.94B 76% C 75% C
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Gold)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 27.06 41% F 18% F
Price/Book Ratio 0.89 71% C- 75% C
Price / Cash Flow Ratio 7.44 27% F 50% F
EV/EBITDA 7.99 43% F 60% D-
Management Effectiveness  
Return on Equity 3.67% 59% F 38% F
Return on Invested Capital 9.86% 66% D 75% C
Return on Assets 1.45% 52% F 42% F
Debt to Equity Ratio 16.46% 49% F 77% C+
Technical Ratios  
Dividend Yield N/A N/A N/A N/A N/A
Short Ratio 3.08 47% F 37% F
Short Percent 0.74% 36% F 66% D
Beta 1.38 26% F 28% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Ratings

Target Price Action Rating Action Analyst Rating Price Date

Discussions

User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector