OceanaGold Financials
OCANF Stock | USD 3.16 0.07 2.27% |
OceanaGold |
OceanaGold Stock Summary
OceanaGold competes with Atlas Corp, PureCycle Technologies, and GCM Grosvenor. 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 Corp operates under Gold classification in the United States and is traded on OTC Exchange.Instrument | USA Pink Sheet View All |
Exchange | PINK Exchange |
ISIN | CA6752221037 |
Business Address | 99 Melbourne Street, |
Sector | Metals & Mining |
Industry | Materials |
Benchmark | Dow Jones Industrial |
Website | oceanagold.com |
Phone | 61 3 9656 5300 |
Currency | USD - US Dollar |
OceanaGold Key Financial Ratios
There are many critical financial ratios that OceanaGold's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that OceanaGold reports annually and quarterly.Return On Equity | -0.0027 | |||
Return On Asset | 0.0039 | |||
Target Price | 3.36 | |||
Number Of Employees | 31 | |||
Beta | 1.2 |
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 considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the OceanaGold's earnings, one of the primary drivers of an investment's value.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 thirty-six with a total number of output elements of twenty-five. 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 Thematic Clasifications
OceanaGold is part of Gold and Gold Mining investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Stocks, funds, and ETFs that are involved in producing or trading gold across different geographical areas. Large and mid-size companies, ETFs and funds that are either investing, exploring or producing, gold or indirectly involved in trading or making gold products
This theme covers Stocks, funds, and ETFs that are involved in producing or trading gold across different geographical areas. Large and mid-size companies, ETFs and funds that are either investing, exploring or producing, gold or indirectly involved in trading or making gold products. Get More Thematic Ideas
Gold and Gold Mining | View |
OceanaGold December 2, 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 Pink Sheet 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 | 2.26 | |||
Information Ratio | 0.086 | |||
Maximum Drawdown | 14.1 | |||
Value At Risk | (3.77) | |||
Potential Upside | 5.63 |
Complementary Tools for OceanaGold Pink Sheet analysis
When running OceanaGold's price analysis, check to measure OceanaGold'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 OceanaGold is operating at the current time. Most of OceanaGold's value examination focuses on studying past and present price action to predict the probability of OceanaGold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OceanaGold's price. Additionally, you may evaluate how the addition of OceanaGold to your portfolios can decrease your overall portfolio volatility.
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