OGC 0.00% $2.20 oceanagold corporation

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  1. 745 Posts.
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    Does anyone want to share a fundamental view of this stock?

    Negative cash costs in the Philipenes and also strong cash flow generation even when utilising the high-side cash cost of $850/oz.

    I think at $1.20 this stock is a a good buy from a fundamental perspective even facing a volatile gold price in the near term.

    The market for gold stocks however, is very negative so despite the business case, it is not a screaming buy yet. If things settle down, I would expect this stock to trend towards $1.70 as the next level of resistance, representing substantial upside from here.
 
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Currently unlisted public company.

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