(OGC) OceanaGold - Ratings and Ratios

OceanaGold Corporation (TO:OGC), a mid-tier gold and copper producer, specializes in the exploration, development, and operation of mineral properties across the United States, the Philippines, and New Zealand. Established in 1990 and headquartered in Vancouver, Canada, the company operates key assets including the Macraes and Waihi operations in New Zealand, the Didipio mine in the Philippines, and the Haile Gold Mine in South Carolina, USA. OceanaGold is committed to sustainable mining practices, focusing on responsible environmental stewardship and community engagement.

OceanaGold Corporation (TO:OGC) is listed on the Toronto Stock Exchange as a common stock, categorized under the Gold sub-industry. The companys stock has shown recent trading activity with an average 20-day volume of 1,949,300 shares. Technically, the stock is trading above its 20-day and 50-day simple moving averages (SMA) of 4.85 and 4.43 respectively, indicating short-term bullish momentum. However, it remains below the 200-day SMA of 4.04, suggesting a longer-term bearish trend. The Average True Range (ATR) of 0.20 reflects relatively low volatility.

From a fundamental perspective, OceanaGold has a market capitalization of 3,484.26M CAD, with a price-to-earnings (P/E) ratio of 13.41 and a forward P/E of 7.77, indicating potential valuation upside. The price-to-book (P/B) ratio of 1.36 suggests the stock is trading near its book value, while the price-to-sales (P/S) ratio of 2.69 indicates moderate revenue valuation. A return on equity (RoE) of 10.30% highlights the companys ability to generate profits from shareholders equity.

3-Month Forecast: Based on technical indicators, OceanaGolds stock may face resistance at CAD 5.00, with potential upside to CAD 5.50 if this level is breached. Conversely, a break below CAD 4.00 could lead to a decline towards CAD 3.50. Fundamentally, positive developments in operations or stronger gold prices could drive outperformance, while rising production costs or weaker commodity prices pose downside risks.