OceanaGold Financial Statements From 2010 to 2025
| OCANF Stock | USD 3.02 0.08 2.72% |
Check OceanaGold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among OceanaGold's main balance sheet or income statement drivers, such as , as well as many indicators such as . OceanaGold financial statements analysis is a perfect complement when working with OceanaGold Valuation or Volatility modules.
OceanaGold |
OceanaGold Company Return On Equity Analysis
OceanaGold's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current OceanaGold Return On Equity | -0.0027 |
Most of OceanaGold's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, OceanaGold is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Based on the latest financial disclosure, OceanaGold has a Return On Equity of -0.0027. This is 100.3% lower than that of the Metals & Mining sector and 102.7% lower than that of the Materials industry. The return on equity for all United States stocks is 99.13% lower than that of the firm.
OceanaGold Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining OceanaGold's current stock value. Our valuation model uses many indicators to compare OceanaGold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across OceanaGold competition to find correlations between indicators driving OceanaGold's intrinsic value. More Info.OceanaGold is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the OceanaGold's earnings, one of the primary drivers of an investment's value.About OceanaGold Financial Statements
OceanaGold stakeholders use historical fundamental indicators, such as OceanaGold's revenue or net income, to determine how well the company is positioned to perform in the future. Although OceanaGold investors may analyze each financial statement separately, they are all interrelated. For example, changes in OceanaGold's assets and liabilities are reflected in the revenues and expenses on OceanaGold's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in OceanaGold. Please read more on our technical analysis and fundamental analysis pages.
OceanaGold Corporation, a gold producer, engages in the exploration, development, and operation of mineral properties. OceanaGold Corporation was founded in 2003 and is based in South Brisbane, Australia. Oceanagold Corp operates under Gold classification in the United States and is traded on OTC Exchange.
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Other Information on Investing in OceanaGold Pink Sheet
OceanaGold financial ratios help investors to determine whether OceanaGold Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in OceanaGold with respect to the benefits of owning OceanaGold security.