O3 Mining Stock Analysis

OIII Stock  CAD 1.66  0.01  0.61%   
O3 Mining is overvalued with Real Value of 1.25 and Hype Value of 1.67. The main objective of O3 Mining stock analysis is to determine its intrinsic value, which is an estimate of what O3 Mining is worth, separate from its market price. There are two main types of O3 Mining's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect O3 Mining's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of O3 Mining's stock to identify patterns and trends that may indicate its future price movements.
The O3 Mining stock is traded in Canada on TSX Venture Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada. O3 Mining is usually not traded on Canada Day, Civic Holiday, Labour Day, Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day. OIII Stock trading window is adjusted to America/Toronto timezone.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in O3 Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

OIII Stock Analysis Notes

About 21.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.75. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. O3 Mining recorded a loss per share of 0.52. The entity last dividend was issued on the 9th of July 2019. The firm had 1:40 split on the 9th of July 2019. O3 Mining Inc. engages in the acquisition, exploration, and development of mining properties in Canada. The company holds interests in the Marban project, Garrison project, and various exploration properties in Ontario and Qubec. O3 MINING is traded on TSX Venture Exchange in Canada. To find out more about O3 Mining contact B AIGP at 833-979-3516 or learn more at https://www.o3mining.com.

O3 Mining Investment Alerts

O3 Mining is way too risky over 90 days horizon
O3 Mining may become a speculative penny stock
O3 Mining appears to be risky and price may revert if volatility continues
Net Loss for the year was (34.11 M) with profit before overhead, payroll, taxes, and interest of 0.
O3 Mining has accumulated about 11.24 M in cash with (2.28 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.47.
Roughly 21.0% of the company outstanding shares are owned by corporate insiders
Latest headline from news.google.com: Agnico Eagles All-Cash Offer for O3 Mining - TipRanks

OIII Largest EPS Surprises

Earnings surprises can significantly impact O3 Mining's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2023-03-08
2022-12-31-0.04-0.030.0125 
2022-11-08
2022-09-30-0.02-0.010.0150 
2023-11-07
2023-09-30-0.010.030.04400 
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OIII Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 180.02 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate O3 Mining's market, we take the total number of its shares issued and multiply it by O3 Mining's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

OIII Profitablity

O3 Mining's profitability indicators refer to fundamental financial ratios that showcase O3 Mining's ability to generate income relative to its revenue or operating costs. If, let's say, O3 Mining is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, O3 Mining's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of O3 Mining's profitability requires more research than a typical breakdown of O3 Mining's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.13)(0.14)
Return On Capital Employed(0.03)(0.03)
Return On Assets(0.13)(0.14)
Return On Equity(0.15)(0.14)

Management Efficiency

O3 Mining has return on total asset (ROA) of (0.0219) % which means that it has lost $0.0219 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.1717) %, meaning that it generated substantial loss on money invested by shareholders. O3 Mining's management efficiency ratios could be used to measure how well O3 Mining manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.14 in 2024. Return On Capital Employed is likely to climb to -0.03 in 2024. At this time, O3 Mining's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to climb to about 268.5 M in 2024, whereas Other Current Assets are likely to drop slightly above 491.1 K in 2024.
Last ReportedProjected for Next Year
Book Value Per Share 3.03  3.18 
Tangible Book Value Per Share 3.03  3.18 
Enterprise Value Over EBITDA(13.87)(14.56)
Price Book Value Ratio 0.52  0.73 
Enterprise Value Multiple(13.87)(14.56)
Price Fair Value 0.52  0.73 
Enterprise Value102.5 M107.7 M
The operational strategies employed by O3 Mining management play a crucial role in its market positioning. Assessing these strategies alongside financial data helps us evaluate the stock's investment potential.
Beta
0.731
Return On Assets
(0.02)
Return On Equity
(0.17)

Technical Drivers

As of the 21st of December, O3 Mining owns the market risk adjusted performance of (2.02), and Standard Deviation of 7.41. In connection with fundamental indicators, the technical analysis model allows you to check timely technical drivers of O3 Mining, as well as the relationship between them. Please check O3 Mining mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation to decide if O3 Mining is priced favorably, providing market reflects its prevailing price of 1.66 per share.

O3 Mining Price Movement Analysis

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The output start index for this execution was nineteen with a total number of output elements of fourty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. O3 Mining middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for O3 Mining. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

O3 Mining Outstanding Bonds

O3 Mining issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. O3 Mining uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most OIII bonds can be classified according to their maturity, which is the date when O3 Mining has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

O3 Mining Predictive Daily Indicators

O3 Mining intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of O3 Mining stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

O3 Mining Forecast Models

O3 Mining's time-series forecasting models are one of many O3 Mining's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary O3 Mining's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About OIII Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how O3 Mining prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling OIII shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as O3 Mining. By using and applying OIII Stock analysis, traders can create a robust methodology for identifying OIII entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin(12.03)(11.43)
Operating Profit Margin(19.49)(18.51)
Net Loss(12.71)(12.08)
Gross Profit Margin(4.50)(4.28)

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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding O3 Mining to your portfolios without increasing risk or reducing expected return.

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Analyst Advice

Analyst recommendations and target price estimates broken down by several categories
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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.