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Oceanagold CorpOGC.TOBUYMar 14, 2025Stock price when the opinion was issued
As of Oct 13, 2026. Market Open.
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
Doesn'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.