Subscribe Now - Click Here:       1 Year for only $149   or   3 months for $99

Category: Mid-tier Producer
Rating & Risk: Login to view
Oceanagold Corp.
www: www.oceanagold.com     email: info@oceanagold.com

Profile
Notes
Forum
Your Data

Symbol Data

Symbol Currency
OTCMKTS:OCANF USD
TSE:OGC CAD

Description

Oceanagold Corp. are a gold focused mid-tier producer with five producing mines in New Zealand, Philippines and USA, one mine in development in El Salvador and exploration properties. Currently they produce roughly 500koz. of gold per year. They have approximately 12Moz. of gold in the reserves and resources category of which 8.5Moz. are in the measured and indicated category. They have a market capitalisation of ~$1507.18M which is a fall of roughly 15% over the last three months. As of 06/08/2019 they have ~$172M debt and ~$86M cash. They have 622M shares outstanding and trade on the Toronto Stock Exchange and the over-the-counter markets.

Login or Subscribe to access Don's Summary
Alert me when stock is updated

General Details

Financial 06/08/2019
Last
Analysis
Data
Current Data
Change
Item Value Value Updated Value
Mkt. Cap (FD): $1,762.96M $1,507.18M 06/08/2019 $-255.77M
Total Assets: $2,017.00M $2,017.00M 06/08/2019 $0.00M
Total Liabilities: $449.00M $449.00M 06/08/2019 $0.00M
Current Assets: $248.00M $248.00M 06/08/2019 $0.00M
Current Liabilities: $186.00M $186.00M 06/08/2019 $0.00M
Total Debt: $172.00M $172.00M 06/08/2019 $0.00M
Cash: $86.00M $86.00M 06/08/2019 $0.00M
Enterprise Value: $1,848.96M $1,593.18M 06/26/2020 $-255.77M
Cash Flow: $49.00M $114.80M never $65.80M
Cash Flow Multiple: 35.98 13.13 never -22.85
Net Debt to
Cash Flow Ratio:		 1.76 0.75 never -1.01
Finance within 1 year: 06/08/2019 n/a
Tax Rate: (guess)  30.00% (default)  30.00% 06/08/2019 0.00%
Misc 06/08/2019
Last
Analysis
Data
Current Data
Change
Item Value Value Updated Value
Shares Outstanding: 622,000,000 622,000,000 06/08/2019 0
Shares (FD): 635,000,000 635,000,000 06/08/2019 0
Insider Ownership: n/a n/a never n/a
Company Type: Mostly Gold Mostly Gold never n/a
Production ETA: n/a n/a 06/08/2019 n/a
Production (Gold Eq Oz.): (guess) 
500,000		 (guess) 
500,000		 06/08/2019 0
Production (Silver Eq Oz.): (guess) 
44,756,179		 (guess) 
43,933,295		 06/08/2019 -822,884
Initial CapEx (Outstanding): n/a n/a 06/08/2019 n/a
Funding Option: n/a n/a 06/08/2019 n/a
Documentation: none PRODUCER 06/08/2019 n/a
Value Adjustment: 25% 25% never 0%

Resource Data

GOLD 06/08/2019
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
O
U
N
C
E
S		 T
O
T
A
L
 Proven & Probable: 5.50M 5.50M 06/08/2019 0.00M
Measured & Indicated: 8.50M 8.50M 06/08/2019 0.00M
Inferred: 3.50M 3.50M 06/08/2019 0.00M
Reserves & Resources: 12.00M 12.00M never 0.00M
P
L
A
U
S
I
B
L
E		 Proven & Probable: 4.68M 4.68M 06/08/2019 0.00M
Measured & Indicated: 6.72M 6.72M 06/08/2019 0.00M
Inferred: 1.49M 1.49M 06/08/2019 0.00M
Reserves & Resources: 8.20M 8.20M never 0.00M
C
U
R
R
E
N
T		 Annual Production: (guess) 
500,000oz.		 (guess) 
500,000oz.		 06/08/2019 0oz.
Cash Cost: $800 $800 06/08/2019 $0.00
Extra Operating Cost: $400 $400 06/08/2019 $0.00
Average Grade: 1.20 g/t 1.20 g/t 06/08/2019 n/a
Recovery Rate: (CG)  85.00% (CG)  85.00% 06/08/2019 0.00%
F
U
T
U
R
E		 Proven & Probable: 10.00M 10.00M 06/08/2019 0.00M
Annual Production: 500,000oz. 500,000oz. 06/08/2019 0oz.
Cash Cost: $800 $800 06/08/2019 $0
Extra Operating Cost: $400 $400 06/08/2019 $0
SILVER 06/08/2019
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
O
U
N
C
E
S		 T
O
T
A
L
 Proven & Probable: n/a n/a 06/08/2019 0.00M
Measured & Indicated: n/a n/a 06/08/2019 0.00M
Inferred: n/a n/a 06/08/2019 0.00M
Reserves & Resources: n/a n/a never 0.00M
P
L
A
U
S
I
B
L
E		 Proven & Probable: n/a n/a 06/08/2019 0.00M
Measured & Indicated: n/a n/a 06/08/2019 0.00M
Inferred: n/a n/a 06/08/2019 0.00M
Reserves & Resources: n/a n/a never 0.00M
C
U
R
R
E
N
T		 Annual Production: n/a n/a 0oz.
Cash Cost: n/a n/a 06/08/2019 $0.00
Extra Operating Cost: n/a n/a 06/08/2019 $0.00
Average Grade: n/a n/a 06/08/2019 n/a
Recovery Rate: n/a n/a 06/08/2019 0.00%
F
U
T
U
R
E		 Proven & Probable: n/a n/a 06/08/2019 0.00M
Annual Production: n/a n/a 06/08/2019 n/a
Cash Cost: n/a n/a 06/08/2019 n/a
Extra Operating Cost: n/a n/a 06/08/2019 n/a

Property

Last Analysis Data  (06/08/2019)
Stage Location Name Owned Size (Ha) Type Au Ag Cu Notes
Production New Zealand Frasers 100% (guess) n/a Underground show
Producing underground mine.
Production New Zealand Macraes 100% n/a Open Pit show
Producing mine.
Production Reefton, New Zealand Reefton 100% n/a Open Pit show
Producing mine.
Production Northern Luzon, Philippines Didipio 100% n/a Both show
Producing open pit.
Development San Salvador, El Salvador El Dorado 100% 1 Open Pit show
1.7 million oz deposit (10 gpt). They have been trying to get a mining permit for several. They are currently in arbitration. We should find out in 2013.
Development Kershaw, South Karolina, USA Haile 100% 4,500 Open Pit show
Close to getting final permit and financing. Construction should begin in 2015.
Exploration Nsw, Australia Junction Reefs JV 18% n/a n/a n/a
Exploration New Zealand Sams Creek 100% n/a n/a n/a
Exploration Philippines Claveria 100% n/a n/a n/a
Exploration Philippines Manhulayan 100% n/a n/a n/a
Exploration Philippines Mayag 100% n/a n/a n/a
Exploration Philippines Paco 100% n/a n/a n/a
Exploration San Salvador, El Salvador Santa Rita 100% n/a n/a n/a
Exploration San Salvador, El Salvador Zamora 0% n/a n/a n/a
Exploration Nevada, USA Hog Ranch 0% n/a n/a n/a
Total Land Package Size (ha): 4,501  
Current Data
Stage Location Name Owned Size (Ha) Type Au Ag Cu Notes
Production New Zealand Frasers 100% (guess) n/a Underground show
Producing underground mine.
Production New Zealand Macraes 100% n/a Open Pit show
Producing mine.
Production Reefton, New Zealand Reefton 100% n/a Open Pit show
Producing mine.
Production Northern Luzon, Philippines Didipio 100% n/a Both show
Producing open pit.
Production Kershaw, South Karolina, USA Haile 100% 4,500 Open Pit show
Close to getting final permit and financing. Construction should begin in 2015.
Development San Salvador, El Salvador El Dorado 100% 1 Open Pit show
1.7 million oz deposit (10 gpt). They have been trying to get a mining permit for several. They are currently in arbitration. We should find out in 2013.
Exploration Nsw, Australia Junction Reefs JV 18% n/a n/a n/a
Exploration New Zealand Sams Creek 100% n/a n/a n/a
Exploration Philippines Claveria 100% n/a n/a n/a
Exploration Philippines Manhulayan 100% n/a n/a n/a
Exploration Philippines Mayag 100% n/a n/a n/a
Exploration Philippines Paco 100% n/a n/a n/a
Exploration San Salvador, El Salvador Santa Rita 100% n/a n/a n/a
Exploration San Salvador, El Salvador Zamora 0% n/a n/a n/a
Exploration Nevada, USA Hog Ranch 0% n/a n/a n/a
Total Land Package Size (ha): 4,501  

Profitability (by resource)

Proven &
Probable		 06/08/2019
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 5.50M 5.50M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a -9.05M
P

L

A

U

S

I

B

L

E		 Gold Eq. Oz.: 4.68M 4.68M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a -7.69M
Maximum Profit (Gold): $572.69M $1,341.73M n/a $769.04M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $572.69M $1,341.73M n/a $769.04M
Max Profit / Current MCap: 0.325 0.890 n/a 0.565
Max Profit Per Share (Gold): $0.90 $2.11 n/a $1.21
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $0.90 $2.11 n/a $1.21
Total Free Profit Per Share: $0.00 $0.00 n/a $0.00
FD Mkt. Cap / Gold Eq.: $377.10 $322.39 n/a $-54.71
FD Mkt. Cap / Silver Eq.: $4.21 $3.67 n/a $-0.54
FD Mkt. Cap / Per Metal
as % Spot Price:		 28.14% 21.10% n/a -7.04%
Measured &
Indicated		 06/08/2019
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 8.50M 8.50M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a -13.99M
P

L

A

U

S

I

B

L

E		 Gold Eq. Oz.: 6.72M 6.72M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a -11.05M
Maximum Profit (Gold): $822.59M $1,927.21M n/a $1,104.62M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $822.59M $1,927.21M n/a $1,104.62M
Max Profit / Current MCap: 0.467 1.279 n/a 0.812
Max Profit Per Share (Gold): $1.30 $3.03 n/a $1.74
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $1.30 $3.03 n/a $1.74
Total Free Profit Per Share: $0.00 $0.00 n/a $0.00
FD Mkt. Cap / Gold Eq.: $262.54 $224.45 n/a $-38.09
FD Mkt. Cap / Silver Eq.: $2.93 $2.55 n/a $-0.38
FD Mkt. Cap / Per Metal
as % Spot Price:		 19.59% 14.69% n/a -4.90%

Reserves &
Resources		 06/08/2019
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 12.00M 12.00M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a -19.75M
P

L

A

U

S

I

B

L

E		 Gold Eq. Oz.: 8.20M 8.20M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a -13.50M
Maximum Profit (Gold): $1,004.81M $2,354.12M n/a $1,349.31M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $1,004.81M $2,354.12M n/a $1,349.31M
Max Profit / Current MCap: 0.570 1.562 n/a 0.992
Max Profit Per Share (Gold): $1.58 $3.71 n/a $2.12
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $1.58 $3.71 n/a $2.12
Total Free Profit Per Share: $0.00 $0.55 n/a $0.55
FD Mkt. Cap / Gold Eq.: $214.93 $183.75 n/a $-31.18
FD Mkt. Cap / Silver Eq.: $2.40 $2.09 n/a $-0.31
FD Mkt. Cap / Per Metal
as % Spot Price:		 16.04% 12.03% n/a -4.01%

Future Valuation (Cash Flow & Totals)

Login to view

Defaults

We use cookies on this website. By using this site, you agree that we may store and access cookies on your device. Find out more here.     ×
Register for a FREE account
  • Get Don's "Guide to valuing mining stocks", which features as a chapter in his book.
  • Set up stock alerts
  • Join our mailing list (Don's thoughts)*
  • Try out searching, portfolios and other paid features.
* Average email frequency will be no more than 2-3 times per week
Processing

Thank you for registering!

We have sent you an email to verify your address. Please click the link or paste it into your web browser to confirm your subscription and receive your free chapter.