OGC oceanagold corporation

I doubled down on this stock yesterday very confident that...

  1. 1,320 Posts.
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    I doubled down on this stock yesterday very confident that earnings have turned up.

    The consensus forecast for Calendar 2022 (Sourced via Halo/Factset) (All calculations are in USD)
    EPS = 23 cents
    Free cashflow per share = 51 cents
    Sales Revenue $984M (growth 33%)
    EBITDA = $326M
    EBIT = $266M
    Net Debt = $94M (prefer they don't pay dividend and clean out all debt)
    Target share price = $3.40
    Didipio mine will need to be revalued up on the balance sheet/non current assets section / Half year report due 24 Feb 22

    It looks like US federal reserve bank talk of 3 rate rises in 2022 has put the gold sector (assets generally) on notice. That explains the weakness broadly in the gold sector.
 
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Currently unlisted public company.

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