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Oceanagold Corp (OGC-T) opinion on 2016-11-03

Last Price Recorded: 3.5000 on 2017-11-17

ON STOCKCHASE SINCE Mar 2010

precious metals
DON'T BUY

Jason Mann
Oceanagold Corp was $4.040 at time of opinion
Owned : Unknown

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.

CAUTIOUS

All opinions for OGC-T (21)

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8 COMMENT
3 DON'T BUY
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All opinions for OGC-T (21)

6 BUY
8 COMMENT
3 DON'T BUY
2 WAIT
1 WATCH
1 Unspecified
View All

More experts covering OGC-T

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Add OGC-T to Watch List
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1 Comment

Arvind

December 20th 2016 at 9:51am

Agree with you whole-heartedly. Heard OGC was a well managed gold producers, numbers looked good adn bought some. The stock promptly plummeted 13.8% in 5 days.
Got out with loss. Will never go back to the gold sector.


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