OCN logo

Oceana Lithium ASX:OCN Stock Report

Last Price

AU$0.043

Market Cap

AU$3.5m

7D

-14.0%

1Y

-85.9%

Updated

26 Apr, 2024

Data

Company Financials

OCN Stock Overview

Oceana Lithium Limited operates as a lithium pegmatite exploration company.

OCN fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

Oceana Lithium Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Oceana Lithium
Historical stock prices
Current Share PriceAU$0.043
52 Week HighAU$0.42
52 Week LowAU$0.042
Beta0
1 Month Change-24.56%
3 Month Change-44.16%
1 Year Change-85.90%
3 Year Changen/a
5 Year Changen/a
Change since IPO-85.67%

Recent News & Updates

Recent updates

Shareholder Returns

OCNAU Metals and MiningAU Market
7D-14.0%-0.7%0.4%
1Y-85.9%-1.7%6.0%

Return vs Industry: OCN underperformed the Australian Metals and Mining industry which returned -1.7% over the past year.

Return vs Market: OCN underperformed the Australian Market which returned 6% over the past year.

Price Volatility

Is OCN's price volatile compared to industry and market?
OCN volatility
OCN Average Weekly Movement8.7%
Metals and Mining Industry Average Movement12.4%
Market Average Movement8.9%
10% most volatile stocks in AU Market17.6%
10% least volatile stocks in AU Market3.5%

Stable Share Price: OCN's share price has been volatile over the past 3 months.

Volatility Over Time: OCN's weekly volatility has decreased from 14% to 9% over the past year.

About the Company

FoundedEmployeesCEOWebsite
2021n/aCaue De Araujowww.oceanalithium.com

Oceana Lithium Limited operates as a lithium pegmatite exploration company. It holds 100% interest in the Solonopole lithium project that consists of 10 exploration permits covering approximately 124 square kilometers located in Brazil; the Napperby lithium project, which consists of a granted exploration license covering an area 650 square kilometers and an exploration license application covering an area of approximately 512 square kilometers located in Northern Territory, Australia; and 100% interest in the Monaro project comprising 207 mineral claims, which covers 104.4 square kilometers located in Quebec, Canada. The company was incorporated in 2021 and is headquartered in West Perth, Australia.

Oceana Lithium Limited Fundamentals Summary

How do Oceana Lithium's earnings and revenue compare to its market cap?
OCN fundamental statistics
Market capAU$3.55m
Earnings (TTM)-AU$2.92m
Revenue (TTM)AU$4.75k

747.5x

P/S Ratio

-1.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
OCN income statement (TTM)
RevenueAU$4.75k
Cost of RevenueAU$1.58m
Gross Profit-AU$1.58m
Other ExpensesAU$1.34m
Earnings-AU$2.92m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.035
Gross Margin-33,199.73%
Net Profit Margin-61,446.78%
Debt/Equity Ratio0%

How did OCN perform over the long term?

See historical performance and comparison
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.