Skip to main content

Oceanagold Corp(OGC-T)
TSX

Today's Change
Real-Time Last Update

OceanaGold: Top 25 Undervalued Dividend Stocks on TSX (OGC)

AI-generated - The Globe and Mail - Thu Mar 7, 12:14AM CST

OceanaGold is now ranked among the top 10 undervalued small cap dividend-paying stocks on the Toronto Stock Exchange (TSX).

  • A stock is considered undervalued if it trades at a discount to its valuation – a calculation used to determine the intrinsic (true) worth of a company
  • Valuation methodology provided by Stockcalc (see below).
  • Small, micro and nano group market capitalization (<10B)

Stocks in this category are held primarily for potential income and capital appreciation. Dividend stocks showing a higher valuation than their current price have both potential upside and ability to sustain or grow their dividend.

SymbolNameClose Price ($)Valuation ($)DifferenceAverage Vol (30D)Market Cap ($M)Yield (%)P/E Ratio
PSDPulse Seismic2.162.660.50 (23.2%)24352115.02.67.7
TITitan Mining0.250.290.04 (17.8%)2103534.14.20.0
NBLYNeighbourly Pharmacy18.4918.500.01 (0.1%)77354828.51.00.0
MRDMelcor Developments11.3814.002.62 (23.0%)6848349.75.64.1
HWXHeadwater Exploration6.957.900.95 (13.7%)6937631662.25.711.0
OGCOceanaGold2.582.760.18 (6.9%)15322591864.31.016.3
CJCardinal Energy6.666.860.20 (2.9%)5510401068.610.75.4
RAY-AStingray Group7.338.040.71 (9.7%)74735506.34.113.9
RAY-BStingray Group7.268.060.80 (11.0%)1700501.44.113.7
SFTCSoftchoice17.7217.850.13 (0.8%)133511050.82.120.0

All data provided as of December 31, 2023.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Companies included above paid a dividend in the last 12-months.

OceanaGold

OceanaGold Corp is a growing intermediate gold and copper producer committed to safely and responsibly maximizing the generation of Free Cash Flow from its operations and delivering strong returns for its shareholders. It has a portfolio of four operating mines: the Haile Gold Mine in the United States of America; the Didipio Mine in the Philippines; and the Macraes and Waihi operations in New Zealand.

OceanaGold is listed under OGC on the Toronto Stock Exchange.

StockCalc

StockCalc is a Canadian fintech company specializing in fundamental valuations for North American stocks and ETFs.

Stockcalc valuations (https://www.stockcalc.com/Resources) can help determine if a stock is undervalued. Stockcalc’s Weighted Average Valuation (WAV) is based on a proprietary calculation using model and analyst inputs, including:

  • Discounted Cash Flow (DCF)
  • Price & Other Comparables
  • Multiples
  • Adjusted Book Value (ABV)
  • Analyst Consensus

Artificial Intelligence at Report on Business

Report on Business scans market data using algorithms to process large quantities of information. The results are specialized reports produced through automation. Ongoing ROB project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities.

More from The Globe

inside the market
Short sales on the TSX: What bearish investors are betting against
Larry MacDonald