Outcrop Gold Corp Stock Buy Hold or Sell Recommendation
| OCG Stock | CAD 0.22 0.01 4.76% |
Assuming the 90 days horizon and your conservative attitude towards risk, our recommendation regarding Outcrop Gold Corp is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Outcrop Gold Corp given historical horizon and risk tolerance towards Outcrop Gold. When Macroaxis issues a 'buy' or 'sell' recommendation for Outcrop Gold Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Outcrop Gold Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Outcrop and provide practical buy, sell, or hold advice based on investors' constraints. Outcrop Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Outcrop |
Execute Outcrop Gold Buy or Sell Advice
The Outcrop recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Outcrop Gold Corp. Macroaxis does not own or have any residual interests in Outcrop Gold Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Outcrop Gold's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Quite High | Details | |
Economic Sensitivity | Moves slightly opposite to the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Outcrop Gold Trading Alerts and Improvement Suggestions
| Outcrop Gold Corp had very high historical volatility over the last 90 days | |
| Outcrop Gold Corp has some characteristics of a very speculative penny stock | |
| Outcrop Gold Corp has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (9.44 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Outcrop Gold Corp has accumulated about 1.03 M in cash with (8.76 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04. | |
| Roughly 29.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: OCGSF 14-Day RSI 42.38 - GuruFocus.com |
Outcrop Gold Returns Distribution Density
The distribution of Outcrop Gold's historical returns is an attempt to chart the uncertainty of Outcrop Gold's future price movements. The chart of the probability distribution of Outcrop Gold daily returns describes the distribution of returns around its average expected value. We use Outcrop Gold Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Outcrop Gold returns is essential to provide solid investment advice for Outcrop Gold.
| Mean Return | 0.11 | Value At Risk | -8.7 | Potential Upside | 9.52 | Standard Deviation | 6.00 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Outcrop Gold historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Outcrop Gold Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 5.8M | (1.5M) | (3.2M) | 2.0M | 1.8M | 1.9M | |
| Free Cash Flow | (4.2M) | (10.1M) | (10.0M) | (8.8M) | (7.9M) | (7.5M) | |
| Other Non Cash Items | 705.2K | (20.0) | 13.2K | 3.8K | 3.4K | 3.2K | |
| Capital Expenditures | 567.2K | 52.0K | 46.8K | 43.9K | 50.5K | 48.0K | |
| Net Income | (5.0M) | (12.8M) | (11.4M) | (9.4M) | (8.5M) | (8.1M) | |
| End Period Cash Flow | 6.0M | 4.5M | 1.2M | 3.2M | 2.9M | 3.4M | |
| Depreciation | 27.0K | 28.3K | 27.1K | 58.6K | 67.4K | 43.9K | |
| Change To Netincome | (31.6K) | 737.4K | 2.5M | 1.1M | 1.3M | 1.4M |
Outcrop Gold Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Outcrop Gold or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Outcrop Gold's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Outcrop stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.17 | |
β | Beta against Dow Jones | -0.59 | |
σ | Overall volatility | 6.05 | |
Ir | Information ratio | -0.0042 |
Outcrop Gold Volatility Alert
Outcrop Gold Corp exhibits above-average semi-deviation for your current time horizon. Outcrop Gold Corp is a potential penny stock. Although Outcrop Gold may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Outcrop Gold Corp. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Outcrop instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Outcrop Gold Fundamentals Vs Peers
Comparing Outcrop Gold's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Outcrop Gold's direct or indirect competition across all of the common fundamentals between Outcrop Gold and the related equities. This way, we can detect undervalued stocks with similar characteristics as Outcrop Gold or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Outcrop Gold's fundamental indicators could also be used in its relative valuation, which is a method of valuing Outcrop Gold by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Outcrop Gold to competition |
| Fundamentals | Outcrop Gold | Peer Average |
| Return On Equity | -0.7 | -0.31 |
| Return On Asset | -0.4 | -0.14 |
| Current Valuation | 66.29 M | 16.62 B |
| Shares Outstanding | 318.09 M | 571.82 M |
| Shares Owned By Insiders | 28.95 % | 10.09 % |
| Shares Owned By Institutions | 0.06 % | 39.21 % |
| Number Of Shares Shorted | 273.9 K | 4.71 M |
| Price To Book | 3.94 X | 9.51 X |
| EBITDA | (9.5 M) | 3.9 B |
| Net Income | (9.44 M) | 570.98 M |
| Cash And Equivalents | 1.03 M | 2.7 B |
| Cash Per Share | 0.04 X | 5.01 X |
| Total Debt | 16.69 K | 5.32 B |
| Current Ratio | 8.35 X | 2.16 X |
| Book Value Per Share | 0.06 X | 1.93 K |
| Cash Flow From Operations | (8.76 M) | 971.22 M |
| Short Ratio | 0.37 X | 4.00 X |
| Earnings Per Share | (0.04) X | 3.12 X |
| Target Price | 0.5 | |
| Number Of Employees | 60 | 18.84 K |
| Beta | 1.76 | -0.15 |
| Market Capitalization | 69.98 M | 19.03 B |
| Total Asset | 8.93 M | 29.47 B |
| Retained Earnings | (84.86 M) | 9.33 B |
| Working Capital | 3.14 M | 1.48 B |
| Net Asset | 8.93 M |
Outcrop Gold Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Outcrop . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Outcrop Gold Buy or Sell Advice
When is the right time to buy or sell Outcrop Gold Corp? Buying financial instruments such as Outcrop Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Additional Tools for Outcrop Stock Analysis
When running Outcrop Gold's price analysis, check to measure Outcrop Gold'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 Outcrop Gold is operating at the current time. Most of Outcrop Gold's value examination focuses on studying past and present price action to predict the probability of Outcrop Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Outcrop Gold's price. Additionally, you may evaluate how the addition of Outcrop Gold to your portfolios can decrease your overall portfolio volatility.