OGC:CA:TSX-OceanaGold Corporation (CAD)

COMMON STOCK | Gold | TSX

Last Closing Price

CAD 2.22

Change

+0.04 (+1.83)%

Market Cap

CAD 1.63B

Volume

1.16M

Avg Analyst Target

CAD 3.10 (+39.64%)

Avg User Target

CAD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict


OceanaGold Corporation (OGC) Stock Analysis:
Based on the OceanaGold Corporation stock forecasts from 9 analysts, the average analyst target price for OceanaGold Corporation is CAD 3.10 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 7 negative signals. At the last closing, OceanaGold Corporation’s stock price was CAD 2.22. OceanaGold Corporation’s stock price has changed by -0.17 % over the past week, -0.11 % over the past month and +21.98 % 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, silver, and other minerals. The company operates the Didipio gold-copper mine located in the Nueva Vizcaya and Quirino provinces on ...Read More

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-12-03 )

Largest Industry Peers for Gold

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

+1.95 (+2.86%)

CAD56.45B 21.60 11.24
ABX:CA Barrick Gold Corporation

+0.12 (+0.52%)

CAD41.96B 16.38 5.96
FNV:CA Franco-Nevada Corporation

+3.04 (+1.82%)

CAD34.41B 36.94 31.81
WPM:CA Wheaton Precious Metals Corp

-0.16 (-0.31%)

CAD23.43B 29.04 26.33
NCM:CA Newcrest Mining Ltd

N/A

CAD17.98B 11.47 7.13
AEM:CA Agnico Eagle Mines Limited

+0.91 (+1.49%)

CAD15.59B 18.39 9.65
KL:CA Kirkland Lake Gold Ltd

+0.56 (+1.15%)

CAD12.90B 11.44 6.99
K:CA Kinross Gold Corporation

+0.04 (+0.54%)

CAD9.65B 7.31 4.58
EDV:CA Endeavour Mining plc

+0.05 (+0.18%)

CAD7.44B 14.12 6.19
BTO:CA B2Gold Corp

+0.02 (+0.42%)

CAD5.40B 8.90 4.47

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 -9.76% 70% C- 16% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -9.76% 70% C- 15% F
Trailing 12 Months  
Capital Gain 21.98% 89% B+ 70% C-
Dividend Return N/A N/A N/A N/A N/A
Total Return 21.98% 89% B+ 66% D
Trailing 5 Years  
Capital Gain -43.37% 18% F 15% F
Dividend Return 1.53% 17% F 3% F
Total Return -41.84% 18% F 13% F
Average Annual (5 Year Horizon)  
Capital Gain -9.15% 9% F 5% F
Dividend Return 0.35% 30% F 9% F
Total Return -8.80% 10% F 4% F
Risk Return Profile  
Volatility (Standard Deviation) 25.28% 88% B+ 42% F
Risk Adjusted Return -34.83% 6% F 5% F
Market Capitalization 1.63B 68% D+ 72% 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 13.37 46% F 52% F
Price/Book Ratio 0.78 87% B+ 85% B
Price / Cash Flow Ratio 8.22 30% F 48% F
EV/EBITDA 6.19 49% F 70% C-
Management Effectiveness  
Return on Equity 6.28% 57% F 43% F
Return on Invested Capital -3.34% 41% F 28% F
Return on Assets 3.66% 54% F 67% D+
Debt to Equity Ratio 13.15% 60% D- 81% B-
Technical Ratios  
Short Ratio 10.83 11% F 10% F
Short Percent 0.74% 38% F 65% D
Beta 1.49 19% F 24% 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:
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.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

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.

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