OceanaGold Financials
| OGC Stock | CAD 4.46 0.01 0.22% |
OceanaGold |
OceanaGold Stock Summary
OceanaGold competes with Torex Gold, Wesdome Gold, Centerra Gold, and New Gold. OceanaGold Corporation, a gold producer, engages in the exploration, development, and operation of mineral properties. OceanaGold Corporation was founded in 2003 and is based in South Brisbane, Australia. OCEANAGOLD CORPORATION operates under Gold classification in Canada and is traded on Toronto Stock Exchange.| Foreign Associates | |
Specialization | Basic Materials, Materials |
| Instrument | Canada Stock View All |
| Exchange | Toronto Exchange |
| ISIN | CA6752221037 |
| Business Address | 400 Burrard Street, |
| Sector | Metals & Mining |
| Industry | Materials |
| Benchmark | Dow Jones Industrial |
| Website | oceanagold.com |
| Phone | 604 678 4123 |
| Currency | CAD - Canadian Dollar |
You should never invest in OceanaGold without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of OceanaGold Stock, because this is throwing your money away. Analyzing the key information contained in OceanaGold's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
OceanaGold Key Financial Ratios
OceanaGold's financial ratios allow both analysts and investors to convert raw data from OceanaGold's financial statements into concise, actionable information that can be used to evaluate the performance of OceanaGold over time and compare it to other companies across industries.| Return On Equity | 0.0386 | ||||
| Return On Asset | 0.0433 | ||||
| Target Price | 5.96 | ||||
| Number Of Employees | 28 | ||||
| Beta | 1.61 |
OceanaGold Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining OceanaGold's current stock value. Our valuation model uses many indicators to compare OceanaGold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across OceanaGold competition to find correlations between indicators driving OceanaGold's intrinsic value. More Info.OceanaGold is regarded fourth in return on equity category among its peers. It also is regarded fourth in return on asset category among its peers reporting about 1.12 of Return On Asset per Return On Equity. Comparative valuation analysis is a catch-all model that can be used if you cannot value OceanaGold by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for OceanaGold's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.OceanaGold Systematic Risk
OceanaGold's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. OceanaGold volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on OceanaGold correlated with the market. If Beta is less than 0 OceanaGold generally moves in the opposite direction as compared to the market. If OceanaGold Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one OceanaGold is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of OceanaGold is generally in the same direction as the market. If Beta > 1 OceanaGold moves generally in the same direction as, but more than the movement of the benchmark.
OceanaGold December 11, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of OceanaGold help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of OceanaGold. We use our internally-developed statistical techniques to arrive at the intrinsic value of OceanaGold based on widely used predictive technical indicators. In general, we focus on analyzing OceanaGold Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build OceanaGold's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.96 | |||
| Information Ratio | 0.0739 | |||
| Maximum Drawdown | 9.51 | |||
| Value At Risk | (3.27) | |||
| Potential Upside | 4.15 |
Other Information on Investing in OceanaGold Stock
OceanaGold financial ratios help investors to determine whether OceanaGold Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in OceanaGold with respect to the benefits of owning OceanaGold security.