Oceanagold OTC Stock Financials

OCANF
 Stock
  

USD 1.73  0.03  1.76%   

We recommend to use analysis of Oceanagold Corp fundamentals to see if markets are presently mispricing the firm. We were able to interpolate thirty-six available financial ratios for Oceanagold Corp, which can be compared to its competitors. To ensure the equity is not overpriced, please check all Oceanagold Corp financials, including its gross profit, debt to equity, and the relationship between the price to book and cash and equivalents . Please also confirm Oceanagold Corp price to earning to check out the company can sustain itself down the road. Use Oceanagold Corp to enhance the returns of your portfolios. Benchmarks are essential to demonstrate the utility of optimization algorithms. The stock experiences a large bullish trend. Check odds of Oceanagold Corp to be traded at $1.903 in 90 days.
  
With this module, you can analyze Oceanagold financials for your investing period. You should be able to track the changes in Oceanagold Corp individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.

Oceanagold Most Recent Estimates

Quarterly Earnings Growth YOY
-0.31
EPS Estimate Next Quarter
0.04
Diluted Eps
0.06
EPS Estimate Current Year
0.27
EPS Estimate Next Year
0.32
EPS Estimate Current Quarter
0.04
Earnings Share
0.06
Understanding current and past Oceanagold Corp Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Oceanagold Corp's financial statements are interrelated, with each one affecting the others. For example, an increase in Oceanagold Corp's assets may result in an increase in income on the income statement.
Chance Of Financial Distress
Less than 41
Oceanagold Corp has less than 41 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Oceanagold Corp otc stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in Oceanagold Corp's official financial statements usually reflect Oceanagold Corp's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Oceanagold Corp. For example, before you start analyzing numbers published by Oceanagold accountants, it's critical to develop an understanding of what Oceanagold Corp's liquidity, profitability, and earnings quality are in the context of the Basic Materials space in which it operates.
Please note, the presentation of Oceanagold Corp's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Oceanagold Corp's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Oceanagold Corp's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Oceanagold Corp. Please utilize our Beneish M Score to check the likelihood of Oceanagold Corp's management to manipulate its earnings.

Oceanagold Corp Company Summary

Oceanagold Corp competes with Alphabet. 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.
InstrumentUSA OTC Stock View All
ExchangeOTC Exchange
Business Address99 Melbourne Street
SectorBasic Materials
IndustryGold
BenchmarkDOW
Websiteoceanagold.com
Phone61 3 9656 5300
CurrencyUSD - US Dollar
You should never invest in Oceanagold Corp without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Oceanagold OTC Stock, because this is throwing your money away. Analyzing the key information contained in Oceanagold Corp's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Oceanagold Corp Key Financial Ratios

Generally speaking, Oceanagold Corp's financial ratios allow both analysts and investors to convert raw data from Oceanagold Corp's financial statements into concise, actionable information that can be used to evaluate the performance of Oceanagold Corp over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Oceanagold Corp reports annually and quarterly.

Oceanagold Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Oceanagold Corp's current stock value. Our valuation model uses many indicators to compare Oceanagold Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Oceanagold Corp competition to find correlations between indicators driving Oceanagold Corp's intrinsic value. More Info.
Oceanagold Corp is considered to be number one stock in profit margin category among related companies. It is considered to be number one stock in shares owned by institutions category among related companies producing about  10.63  of Shares Owned by Institutions per Profit Margin. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Oceanagold Corp by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Oceanagold Corp's OTC Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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 Corp's earnings, one of the primary drivers of an investment's value.

Oceanagold Corp Systematic Risk

Oceanagold Corp's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Oceanagold Corp 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 function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Oceanagold Corp correlated with the market. If Beta is less than 0 Oceanagold Corp generally moves in the opposite direction as compared to the market. If Oceanagold Corp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Oceanagold Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Oceanagold Corp is generally in the same direction as the market. If Beta > 1 Oceanagold Corp moves generally in the same direction as, but more than the movement of the benchmark.
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About Oceanagold Corp Financials

What exactly are Oceanagold Corp Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Oceanagold Corp's income statement, its balance sheet, and the statement of cash flows. Potential Oceanagold Corp investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Oceanagold Corp investors may use each financial statement separately, they are all related. The changes in Oceanagold Corp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Oceanagold Corp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines that you should keep in mind when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase year after year due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt to equity ratio because this number will tell you how much risk it has. If a company such as Oceanagold Corp is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to try and figure out if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that net revenue of Oceanagold grown by more than 25% over the last five years, then there is a good chance that it will continue growing at least by 20% or more each year. On the other hand, if you see that net revenue has only grown by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.

Oceanagold Corp Thematic Clasifications

Oceanagold Corp 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
Gold and Gold Mining Idea
Gold and Gold MiningView
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

Oceanagold Corp August 14, 2022 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Oceanagold Corp help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Oceanagold Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Oceanagold Corp based on widely used predictive technical indicators. In general, we focus on analyzing Oceanagold OTC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Oceanagold Corp's daily price indicators and compare them against related drivers.
Information Ratio(0.15)
Maximum Drawdown19.57
Value At Risk(6.49)
Potential Upside5.06
Please check Your Equity Center. Note that the Oceanagold Corp information on this page should be used as a complementary analysis to other Oceanagold Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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Is Oceanagold Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Oceanagold Corp. If investors know Oceanagold will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Oceanagold Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.31
Market Capitalization
1.2 B
Quarterly Revenue Growth YOY
0.26
Return On Assets
0.0119
Return On Equity
0.0289
The market value of Oceanagold Corp is measured differently than its book value, which is the value of Oceanagold that is recorded on the company's balance sheet. Investors also form their own opinion of Oceanagold Corp's value that differs from its market value or its book value, called intrinsic value, which is Oceanagold Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Oceanagold Corp's market value can be influenced by many factors that don't directly affect Oceanagold Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Oceanagold Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Oceanagold Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oceanagold Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.