Opinions Dennis da Silva
Oceanagold CorpOGC.TOCOMMENTAug 02, 2016
Stock price when the opinion was issued
As of Jun 05, 2026. Market Open.
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It was really cheap at the time, and in the gold space. He'd dip back in on the setback -- don't have to rush, let gold settle a bit.
Ross Healy
It is an intermediate producer of gold and copper with four mines. Had a very big stock price jump recently with an earnings surprise of 18% and earnings revision of 19%. Free cash flow is a catalyst and he considers it an obvious buy. Earnings growth is very good along with a P/E of 8.3 this year and 5.7 for 2026. It is a small cap and did a 3 for 1 consolidation in June. Buy 9 Hold 1 Sell 0
Robert McWhirterDoesn't own, but it's the kind of gold company that likely does well in next 2 years. He suspects that over the next 1-2 years, mid-cap names such as this will either do well or will be taken over. Scale matters in equity markets today; mere inclusion in indexes is good for the share price.
Chart's seeing a pause, because it ran up so fast. And that's OK. Markets pull back in 2 ways: either by going down, or by consolidating. There's a really good case for owning gold. This one could consolidate for another 1-2 months or so, and then break out. If he owned it, he'd hold.
Likes gold companies operating in stable countries. Australia, Canada, Philippines. Really, really strong balance sheet. Trading at book value. Attractive as a potential takeover by a senior producer due to its low valuation and great balance sheet. Yield is 0.7%.
(Analysts’ price target is $5.82)Ross Healy
A mid-cap gold company. They are having trouble with their Didipio mine. The Philippine government has put a kind of moratorium on production as they review the environmental impact. This makes it a tough place to invest. If they lose their license, it represents 30%-40%. The political risk would scare him away.
Kind of on the periphery for him. He kept looking and wondering when he wants to buy it. Producing in the Philippines. They are looking to grow through the next mine. Thinks it represents reasonable value for what it has. Pays a dividend which is always nice. Going into this development project probably keeps it off of his fund holdings. He would prefer Kirkland Lake (KGI-T).