O3 Mining Stock Buy Hold or Sell Recommendation
| OIII Stock | CAD 1.08 0.01 0.93% |
Assuming the 90 days trading horizon and your typical level of risk aversion, our recommendation regarding O3 Mining is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell O3 Mining given historical horizon and risk tolerance towards O3 Mining. When Macroaxis issues a 'buy' or 'sell' recommendation for O3 Mining, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out O3 Mining 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 OIII and provide practical buy, sell, or hold advice based on investors' constraints. 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 |
Execute O3 Mining Buy or Sell Advice
The OIII recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on O3 Mining. Macroaxis does not own or have any residual interests in O3 Mining or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute O3 Mining's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Weak | Details | |
Volatility | Dangerous | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves slightly opposite to the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
O3 Mining Trading Alerts and Improvement Suggestions
| O3 Mining has some characteristics of a very speculative penny stock | |
| 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: O3 Mining Starts Drilling on Globexs Florence and Cameron Royalty Claims - GlobeNewswire |
O3 Mining Returns Distribution Density
The distribution of O3 Mining's historical returns is an attempt to chart the uncertainty of O3 Mining's future price movements. The chart of the probability distribution of O3 Mining daily returns describes the distribution of returns around its average expected value. We use O3 Mining price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of O3 Mining returns is essential to provide solid investment advice for O3 Mining.
| Mean Return | 0.07 | Value At Risk | -3.88 | Potential Upside | 4.76 | Standard Deviation | 2.83 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of O3 Mining 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.
O3 Mining Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 16.6M | 17.6M | (7.1M) | (8.5M) | 4.7M | 5.0M | |
| Free Cash Flow | (8.0M) | (21.3M) | (43.8M) | (35.6M) | (24.5M) | (23.2M) | |
| Capital Expenditures | 2.8M | 17.4M | 37.8M | 28.3M | 22.2M | 23.3M | |
| Net Income | (4.1M) | 3.2M | 20.4M | (7.0M) | (34.1M) | (32.4M) | |
| End Period Cash Flow | 16.7M | 34.3M | 27.2M | 18.7M | 23.5M | 24.6M | |
| Investments | (242K) | 816K | 3.8M | 11.6M | (19.4M) | (18.5M) | |
| Change To Netincome | 2.1M | (8.8M) | (25.7M) | (7.5M) | (6.7M) | (7.1M) |
O3 Mining 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 O3 Mining 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 O3 Mining'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 OIII 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 | 0.13 | |
β | Beta against Dow Jones | -0.6 | |
σ | Overall volatility | 2.87 | |
Ir | Information ratio | -0.02 |
O3 Mining Volatility Alert
O3 Mining shows above-average downside volatility for the selected time horizon. O3 Mining is a potential penny stock. Although O3 Mining 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 O3 Mining. 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 OIII 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.O3 Mining Fundamentals Vs Peers
Comparing O3 Mining'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 O3 Mining's direct or indirect competition across all of the common fundamentals between O3 Mining and the related equities. This way, we can detect undervalued stocks with similar characteristics as O3 Mining or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of O3 Mining's fundamental indicators could also be used in its relative valuation, which is a method of valuing O3 Mining by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare O3 Mining to competition |
| Fundamentals | O3 Mining | Peer Average |
| Return On Equity | -0.17 | -0.31 |
| Return On Asset | -0.0219 | -0.14 |
| Current Valuation | 76.48 M | 16.62 B |
| Shares Outstanding | 108.77 M | 571.82 M |
| Shares Owned By Insiders | 21.25 % | 10.09 % |
| Shares Owned By Institutions | 20.06 % | 39.21 % |
| Number Of Shares Shorted | 4.51 K | 4.71 M |
| Price To Book | 0.48 X | 9.51 X |
| EBITDA | (7.39 M) | 3.9 B |
| Net Income | (34.11 M) | 570.98 M |
| Cash And Equivalents | 11.24 M | 2.7 B |
| Cash Per Share | 0.47 X | 5.01 X |
| Total Debt | 7.76 M | 5.32 B |
| Current Ratio | 3.44 X | 2.16 X |
| Book Value Per Share | 2.23 X | 1.93 K |
| Cash Flow From Operations | (2.28 M) | 971.22 M |
| Short Ratio | 0.15 X | 4.00 X |
| Earnings Per Share | (0.52) X | 3.12 X |
| Target Price | 3.1 | |
| Number Of Employees | 48 | 18.84 K |
| Beta | 0.73 | -0.15 |
| Market Capitalization | 117.47 M | 19.03 B |
| Total Asset | 287.43 M | 29.47 B |
| Retained Earnings | (26.57 M) | 9.33 B |
| Working Capital | 26.22 M | 1.48 B |
| Net Asset | 287.43 M |
O3 Mining Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as OIII . 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 O3 Mining Buy or Sell Advice
When is the right time to buy or sell O3 Mining? Buying financial instruments such as OIII 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.
Use Investing Ideas to Build Portfolios
In addition to having O3 Mining in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Biotech Thematic Idea Now
Biotech
Companies specialized in biotechnology production and delivery of pharmaceuticals services. The Biotech theme has 37 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Biotech Theme or any other thematic opportunities.
| View All Next | Launch |
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.