O3 Mining Stock Today

OIII Stock  CAD 1.07  0.03  2.88%   

Performance

1 of 100

 
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Weak

Odds Of Distress

Less than 26

 
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Below Average
O3 Mining is selling for under 1.07 as of the 27th of November 2024; that is 2.88 percent increase since the beginning of the trading day. The stock's lowest day price was 1.04. O3 Mining has about a 26 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for O3 Mining are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of October 2024 and ending today, the 27th of November 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
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.. The company has 108.77 M outstanding shares of which 26.26 K shares are now shorted by private and institutional investors with about 0.12 days to cover all short positions. More on O3 Mining

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Moving against OIII Stock

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OIII Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. O3 Mining's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding O3 Mining or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO PresidentB AIGP
Business ConcentrationDiversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, Materials, Metals & Mining, Industrial Metals & Minerals, Basic Materials (View all Sectors)
O3 Mining's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to O3 Mining's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
O3 Mining can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand O3 Mining's financial leverage. It provides some insight into what part of O3 Mining's total assets is financed by creditors.
Liquidity
O3 Mining cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. O3 Mining has accumulated 7.76 M in total debt. O3 Mining has a current ratio of 3.37, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist O3 Mining until it has trouble settling it off, either with new capital or with free cash flow. So, O3 Mining's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like O3 Mining sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for OIII to invest in growth at high rates of return. When we think about O3 Mining's use of debt, we should always consider it together with cash and equity.

End Period Cash Flow

24.63 Million
O3 Mining (OIII) is traded on TSX Venture Exchange in Canada and employs 48 people. O3 Mining is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 113.12 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. O3 Mining operates under Metals & Mining sector and is part of Materials industry. The entity has 108.77 M outstanding shares of which 26.26 K shares are now shorted by private and institutional investors with about 0.12 days to cover all short positions. 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.
Check O3 Mining Probability Of Bankruptcy
Ownership Allocation
O3 Mining secures a total of 108.77 Million outstanding shares. O3 Mining shows tangible amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company retains, if the real value of the entity is less than the current market value, you may not be able to make money on it.
Check OIII Ownership Details

O3 Mining Risk Profiles

Although O3 Mining's alpha and beta are two of the key measurements used to evaluate O3 Mining's performance over the market, the standard measures of volatility play an important role as well.

OIII Stock Against Markets

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Our tools can tell you how much better you can do entering a position in O3 Mining without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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O3 Mining Corporate Management

Elected by the shareholders, the O3 Mining's board of directors comprises two types of representatives: O3 Mining inside directors who are chosen from within the company, and outside directors, selected externally and held independent of OIII. The board's role is to monitor O3 Mining's management team and ensure that shareholders' interests are well served. O3 Mining's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, O3 Mining's outside directors are responsible for providing unbiased perspectives on the board's policies.
JeanFelix LepageDirector OperationsProfile
Alex TovalinoVice DevelopmentProfile
Louis PGeoVice ExplorationProfile
Elijah TyshynskiChief OfficerProfile
Myrzah MScVice ResourcesProfile
Lillian ManceCo SecProfile
Alex MBAVice DevelopmentProfile

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.