Trending stocks today
Oceanagold Corp (OGC-T)
TSE:OGC
4.15
0.08
(1.97%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
Related posts
This Week’s Stock Picks & BNN Top Picks Summary: NTR-T, FNV-T and 27 Stock Top Picks (Feb 28-March 06)Nervous markets await NvidiaWeekly 52-Week Low (or 52-Week High): BB-T, AEM-T, DOO-T, TSU-T and More 52-Week Highs and Lows (Jan 29-Feb 04)This summary was created by AI, based on 1 opinions in the last 12 months.
Oceanagold Corp, operating under the symbol OGC-T, is a gold company praised for its operations in stable countries like Australia, Canada, and the Philippines. Experts note its exceptionally strong balance sheet, highlighting that it is currently trading at book value. This low valuation makes it an attractive target for potential takeovers by larger producers. Furthermore, the stock has a modest yield of 0.7%, which adds to its appeal. Analysts have set a price target of $5.82, suggesting that there is considerable room for growth and appreciation in its share value.
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 $5.82)Mostly Asian, Pacific-based, but now moving into North America in the Carolinas. Doing a lot more deals in Nevada and Argentina.
A mid-cap gold company. They are having trouble with their Didipio mine. The Philippine government has put a kind of moratorium on production as they review the environmental impact. This makes it a tough place to invest. If they lose their license, it represents 30%-40%. The political risk would scare him away.
Based in Australasia and were picking up a lot of assets. For some investors, this might be overexposed to the Philippines right now. They have the Hale deposit in South Carolina they are building on, and are now taking more of a focus in the Americas. They’ve been quite active in regards to placements. He sees this being quite active in the junior mining sector.
Golds have gone into a corrective phase. They have been working very hard to reduce costs and with success. It’s okay, but he thinks it will not work out over the next few months with a rising US dollar and rising rates.
He is a lot more positive on gold then what he has been in a while. Gold stocks have come way back. The US$ may run into some headwinds, inflation is coming back, and real (?) higher interest rates are coming down, which all argues positively for gold. He is spending more time on domestic producers. (See Top Picks.)
It is one of the better gold stocks in terms of valuation and they are not over levered. It has a 1.4 times book and they have historically cash flowed. They even pay a low yield. The whole sector he is quite concerned about. Gold is not a sector you want to be in.
Oceanagold Corp(OGC-T) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 1
Neutral - Hold Signals / Votes : 1
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 2
Oceanagold Corp(OGC-T) Frequently Asked Questions
What is Oceanagold Corp stock symbol?
Oceanagold Corp is a Canadian stock, trading under the symbol OGC-T on the Toronto Stock Exchange (OGC-CT). It is usually referred to as TSX:OGC or OGC-T
Is Oceanagold Corp a buy or a sell?
In the last year, 2 stock analysts published opinions about OGC-T. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Oceanagold Corp.
Is Oceanagold Corp a good investment or a top pick?
Oceanagold Corp was recommended as a Top Pick by on . Read the latest stock experts ratings for Oceanagold Corp.
Why is Oceanagold Corp stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Oceanagold Corp worth watching?
2 stock analysts on Stockchase covered Oceanagold Corp In the last year. It is a trending stock that is worth watching.
What is Oceanagold Corp stock price?
On 2025-03-14, Oceanagold Corp (OGC-T) stock closed at a price of $4.15.
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.