O3 Mining Stock Performance
| OIII Stock | CAD 1.08 0.01 0.93% |
O3 Mining has a performance score of 4 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of 0.41, which implies possible diversification benefits within a given portfolio. As returns on the market increase, O3 Mining's returns are expected to increase less than the market. However, during the bear market, the loss of holding O3 Mining is expected to be smaller as well. O3 Mining today owns a risk of 2.93%. Please check O3 Mining downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to decide if O3 Mining will be following its current price history.
Risk-Adjusted Performance
4 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in O3 Mining are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal forward indicators, O3 Mining may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
Last Split Factor 1:40 | Dividend Date 2019-07-09 | Last Split Date 2019-07-09 |
1 | O3 Mining Engages Marketing and Market-Making Firms OIIIF Stock News - StockTitan | 10/10/2024 |
2 | O3 Mining Starts Drilling on Globexs Florence and Cameron Royalty Claims - GlobeNewswire | 11/21/2024 |
| Begin Period Cash Flow | 18.7 M |
OIII |
O3 Mining Relative Risk vs. Return Landscape
If you would invest 101.00 in O3 Mining on September 1, 2024 and sell it today you would earn a total of 7.00 from holding O3 Mining or generate 6.93% return on investment over 90 days. O3 Mining is generating 0.1488% of daily returns assuming 2.9299% volatility of returns over the 90 days investment horizon. Simply put, 26% of all stocks have less volatile historical return distribution than O3 Mining, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
O3 Mining Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for O3 Mining's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as O3 Mining, and traders can use it to determine the average amount a O3 Mining's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0508
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | OIII | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.93 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average O3 Mining is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of O3 Mining by adding it to a well-diversified portfolio.
O3 Mining Fundamentals Growth
OIII Stock prices reflect investors' perceptions of the future prospects and financial health of O3 Mining, and O3 Mining fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on OIII Stock performance.
| Return On Equity | -0.17 | ||||
| Return On Asset | -0.0219 | ||||
| Current Valuation | 77.57 M | ||||
| Shares Outstanding | 108.77 M | ||||
| Price To Book | 0.49 X | ||||
| EBITDA | (7.39 M) | ||||
| Net Income | (34.11 M) | ||||
| Cash And Equivalents | 11.24 M | ||||
| Cash Per Share | 0.47 X | ||||
| Total Debt | 7.76 M | ||||
| Current Ratio | 3.44 X | ||||
| Book Value Per Share | 2.23 X | ||||
| Cash Flow From Operations | (2.28 M) | ||||
| Earnings Per Share | (0.52) X | ||||
| Market Capitalization | 117.47 M | ||||
| Total Asset | 287.43 M | ||||
| Retained Earnings | (26.57 M) | ||||
| Working Capital | 26.22 M | ||||
About O3 Mining Performance
Evaluating O3 Mining's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if O3 Mining has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if O3 Mining has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected 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) |
Things to note about O3 Mining performance evaluation
Checking the ongoing alerts about O3 Mining for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for O3 Mining help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| 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 |
- Analyzing O3 Mining's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether O3 Mining's stock is overvalued or undervalued compared to its peers.
- Examining O3 Mining's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating O3 Mining's management team can have a significant impact on its success or failure. Reviewing the track record and experience of O3 Mining's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of O3 Mining's stock. These opinions can provide insight into O3 Mining's potential for growth and whether the stock is currently undervalued or overvalued.
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.