Oceanagold Stock Net Income

OGC Stock  CAD 3.23  0.12  3.86%   
OceanaGold fundamentals help investors to digest information that contributes to OceanaGold's financial success or failures. It also enables traders to predict the movement of OceanaGold Stock. The fundamental analysis module provides a way to measure OceanaGold's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to OceanaGold stock.
Last ReportedProjected for Next Year
Net Income83.1 M87.3 M
Net Income From Continuing Ops83.1 M45.3 M
Net Income Applicable To Common Shares119.3 M125.3 M
Net Income Per Share 0.12  0.12 
Net Income Per E B T 0.70  0.62 
At this time, OceanaGold's Net Income is very stable compared to the past year. As of the 7th of June 2024, Net Income Applicable To Common Shares is likely to grow to about 125.3 M, while Net Income From Continuing Ops is likely to drop about 45.3 M.
  
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OceanaGold Company Net Income Analysis

OceanaGold's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current OceanaGold Net Income

    
  83.1 M  
Most of OceanaGold's fundamental indicators, such as Net Income, 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.

OceanaGold Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for OceanaGold is extremely important. It helps to project a fair market value of OceanaGold Stock properly, considering its historical fundamentals such as Net Income. Since OceanaGold's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of OceanaGold's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of OceanaGold's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

OceanaGold Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

1.88 Million

At this time, OceanaGold's Accumulated Other Comprehensive Income is very stable compared to the past year.
Based on the recorded statements, OceanaGold reported net income of 83.1 M. This is 790.52% lower than that of the Metals & Mining sector and 159.95% lower than that of the Materials industry. The net income for all Canada stocks is 85.45% higher than that of the company.

OceanaGold Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses OceanaGold's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of OceanaGold could also be used in its relative valuation, which is a method of valuing OceanaGold by comparing valuation metrics of similar companies.
OceanaGold is currently under evaluation in net income category among its peers.

OceanaGold Fundamentals

About OceanaGold Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze OceanaGold's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of OceanaGold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of OceanaGold based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Other Information on Investing in OceanaGold Stock

OceanaGold financial ratios help investors to determine whether OceanaGold Stock 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.