Oceanagold Corp. Stock
Your prediction
Oceanagold Corp. Stock
Pros and Cons of Oceanagold Corp. in the next few years
Pros
Cons
Performance of Oceanagold Corp. vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Oceanagold Corp. | 1.170% | -3.940% | -0.775% | -4.788% | 14.158% | 47.657% | -15.859% |
| Kinross Gold Corp. | -0.160% | -2.644% | 5.017% | 28.674% | 12.664% | 4.407% | 121.369% |
| IAMGOLD Corp. | -3.610% | -1.332% | 1.519% | 23.568% | 46.266% | 31.077% | 29.829% |
| B2gold Corp. | 0.900% | -2.292% | -5.937% | -36.034% | -19.582% | -41.331% | -1.553% |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.OceanaGold (OCANF) appears to be an interesting player in the metals and mining industry, having experienced a fluctuating financial performance in recent years. The company's financial statements indicate a mixture of growth and challenges, with some areas performing well, while others may need improvement. A detailed examination of the financial data is necessary to determine the overall health of the company and its potential prospects in the market.
1. Revenue growth: The total revenue of OceanaGold has shown significant growth from the year 2020 to 2022, with an increase from USD 500.1 million to CAD 967.4 million. This positive trend suggests that the company's operations and sales have been improving in recent years, which may lead to further expansion and profitability.
2. Strong gross profit: OceanaGold has maintained a healthy gross profit over the years, reaching a peak of CAD 461 million in 2022. A strong gross profit indicates that the company can effectively manage its cost of goods sold, ensuring that it can retain a substantial portion of revenues for reinvestment and growth.