Robert McWhirter
Oceanagold Corp
OGC-T
TOP PICK
Jul 07, 2025
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
They lowered their forecast, so it sold off recently. They have production issues, so will this be a one-time problem? This may be a buying opportunity, but study it closer for a deeper issue. Why was their production lower?
The stock is trading at around a 30% discount to its book value which is quite cheap. The analyst has not given up optimism on this stock, targeting $4.40. The stock is cheap in his opinion.
Mines are in Philippines, so not on his list. He'd rather be in the US, Americas, or Mexico. Just lowered his target to $3.55. Issues with production. Sell, and do a lateral move within the sector.
Well-run and financed with good assets, and it's way way oversold. Had a nice new discovery in New Zealand. It seems their political problems in the Phillippines will soon be resolved. This cheap now.
Doesn't like geopolitical risk in the Philippines. A buy, with a price target of $2.70. He looks at management, cost of production, resource on the ground, and geopolitics. Geopolitics are going to get worse going forward.
Junior producer. One of the better growth stories. Held up by political risk as to where the mines are located. Market doesn't seem to want to take the extra risk of exotic parts of the world. It could make a ton of money a year from now. For those who look through the risks.
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%.
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.
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.
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
(Analysts’ price target is $23.13)