Oceanagold CorpOGC.TOBUYAug 24, 2026Stock price when the opinion was issued
As of Sep 17, 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
It is generating lots of free cash flow. It has a collection of Tier 2 assets but no Tier 1. It has done a spectacular job of implementation on a global basis. The acquisition of Ausgold was great for both companies and very accretive for OCG..