O3 Mining Stock Cash Per Share

OIII Stock  CAD 1.66  0.01  0.61%   
O3 Mining fundamentals help investors to digest information that contributes to O3 Mining's financial success or failures. It also enables traders to predict the movement of OIII Stock. The fundamental analysis module provides a way to measure O3 Mining's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to O3 Mining stock.
Last ReportedProjected for Next Year
Cash Per Share 0.40  0.59 
Cash Per Share is likely to climb to 0.59 in 2024.
  
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O3 Mining Company Cash Per Share Analysis

O3 Mining's Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.

Cash Per Share

 = 

Total Cash

Average Shares

More About Cash Per Share | All Equity Analysis

Current O3 Mining Cash Per Share

    
  0.47 X  
Most of O3 Mining's fundamental indicators, such as Cash Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, O3 Mining is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

OIII Cash Per Share Driver Correlations

Understanding the fundamental principles of building solid financial models for O3 Mining is extremely important. It helps to project a fair market value of OIII Stock properly, considering its historical fundamentals such as Cash Per Share. Since O3 Mining's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of O3 Mining's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of O3 Mining's interrelated accounts and indicators.
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
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OIII Common Stock Shares Outstanding

Common Stock Shares Outstanding

79.07 Million

At this time, O3 Mining's Common Stock Shares Outstanding is fairly stable compared to the past year.
In accordance with the recently published financial statements, O3 Mining has a Cash Per Share of 0.47 times. This is 78.54% lower than that of the Metals & Mining sector and 68.67% lower than that of the Materials industry. The cash per share for all Canada stocks is 90.62% higher than that of the company.

OIII Cash Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses O3 Mining's direct or indirect competition against its Cash Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of O3 Mining could also be used in its relative valuation, which is a method of valuing O3 Mining by comparing valuation metrics of similar companies.
O3 Mining is currently under evaluation in cash per share category among its peers.

O3 Mining Current Valuation Drivers

We derive many important indicators used in calculating different scores of O3 Mining from analyzing O3 Mining's financial statements. These drivers represent accounts that assess O3 Mining's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of O3 Mining's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap61.6M171.6M137.2M106.8M118.2M124.1M
Enterprise Value45.1M138.4M111.5M90.0M102.5M107.7M

OIII Fundamentals

About O3 Mining Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze O3 Mining's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of O3 Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of O3 Mining based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for OIII Stock Analysis

When running O3 Mining's price analysis, check to measure O3 Mining's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy O3 Mining is operating at the current time. Most of O3 Mining's value examination focuses on studying past and present price action to predict the probability of O3 Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move O3 Mining's price. Additionally, you may evaluate how the addition of O3 Mining to your portfolios can decrease your overall portfolio volatility.