Outcrop Gold Corp., an exploration stage company, engages in the identification, acquisition, development, exploration, and evaluation of mineral properties in the United States and Colombia.
Adequate balance sheet with weak fundamentals.
- Outcrop Gold has significant price volatility in the past 3 months.
- Outcrop Gold is not covered by any analysts.
Share Price & News
How has Outcrop Gold's share price performed over time and what events caused price changes?
Latest Share Price and Events
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
OCG underperformed the Metals and Mining industry which returned 20.3% over the past year.
OCG outperformed the Market in Canada which returned -0.4% over the past year.
Share holder returns
Price Volatility Vs. Market
How volatile is Outcrop Gold's share price compared to the market and industry in the last 5 years?
Simply Wall St News
Is Outcrop Gold undervalued based on future cash flows and its price relative to the stock market?
Price to Book (PB) ratio
Intrinsic Value Based on Future Cash Flows
Unable to calculate intrinsic value for Outcrop Gold to establish if it is available at moderate discount.
Unable to calculate intrinsic value for Outcrop Gold to establish if it is available at substantial discount.
Price Based on Earnings
Outcrop Gold is loss making, we can't compare its value to the CA Metals and Mining industry average.
Outcrop Gold is loss making, we can't compare the value of its earnings to the Canada market.
Price Based on Expected Growth
Unable to calculate PEG ratio for Outcrop Gold, we can't assess if its growth is good value.
Price Based on Value of Assets
Outcrop Gold is overvalued based on assets compared to the CA Metals and Mining industry average.
How is Outcrop Gold expected to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Outcrop Gold has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine Outcrop Gold's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Outcrop Gold competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Outcrop Gold performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Outcrop Gold does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
Unable to compare Outcrop Gold's 1-year earnings growth to the 5-year average as it is not currently profitable.
Unable to compare Outcrop Gold's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Return on Equity
It is difficult to establish if Outcrop Gold has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
Return on Assets
It is difficult to establish if Outcrop Gold has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.
Return on Capital Employed
It is difficult to establish if Outcrop Gold improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
How is Outcrop Gold's financial position?
Financial Position Analysis
Outcrop Gold is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Outcrop Gold has no long term commitments.
Debt to Equity History and Analysis
Outcrop Gold has no debt.
Outcrop Gold has not taken on any debt in the past 5 years.
High level of physical assets or inventory.
Outcrop Gold has no debt, it does not need to be covered by short term assets.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Outcrop Gold has less than a year of cash runway based on current free cash flow.
Outcrop Gold has less than a year of cash runway if free cash flow continues to grow at historical rates of 12.9% each year.
What is Outcrop Gold's current dividend yield, its reliability and sustainability?
Dividend Yield and Payments Analysis
Unable to evaluate Outcrop Gold's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
Unable to evaluate Outcrop Gold's dividend against the top 25% market benchmark as the company has not reported any payouts.
Unable to perform a dividend volatility check as Outcrop Gold has not reported any payouts.
Unable to verify if Outcrop Gold's dividend has been increasing as the company has not reported any payouts.
Current Payout to Shareholders
Unable to calculate sustainability of dividends as Outcrop Gold has not reported any payouts.
Future Payout to Shareholders
Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
What is the CEO of Outcrop Gold's salary, the management and board of directors tenure and is there insider trading?
Average management tenure
Joe Hebert 0
Mr. Joseph P. Hebert, also known as Joe, B.S. Geo. has been Chief Executive Officer and President of Outcrop Gold Corp. (formerly known as Miranda Gold Corp) since January 28, 2016. Mr. Hebert served as an ...
CEO Compensation Analysis
Joe's remuneration is about average for companies of similar size in Canada.
Joe's compensation has been consistent with company performance over the past year, both up more than 20%.
Management Age and Tenure
The tenure for the Outcrop Gold management team is about average.
Board Age and Tenure
The tenure for the Outcrop Gold board of directors is about average.
No 3 month open market individual insider trading information.
Recent Insider Transactions
Steve Ristorcelli (62yo)
- Tenure: 5yrs
- Compensation: CA$37.42k
- Tenure: 3.7yrs
- Compensation: CA$180.62k
Chief Financial Officer
- Tenure: 1.7yrs
- Tenure: 14.8yrs
- Compensation: CA$74.12k
- Tenure: 3.7yrs
- Compensation: CA$180.62k
John Anderson (55yo)
Chairman of the Board
- Tenure: 2.1yrs
- Compensation: CA$73.07k
Kevin Nishi (54yo)
- Tenure: 4.6yrs
- Compensation: CA$76.29k
Outcrop Gold Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Outcrop Gold Corp.
- Ticker: OCG
- Exchange: TSXV
- Founded: 1993
- Industry: Gold
- Sector: Materials
- Market Cap: CA$6.821m
- Shares outstanding: 29.02m
- Website: https://www.outcropgoldcorp.com
Number of Employees
- Outcrop Gold Corp.
- 750 West Pender Street
- Suite 1200
- British Columbia
- V6C 2T8
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|OCG||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Nov 1994|
|MRDD.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Nov 1994|
|MRG1||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Nov 1994|
Outcrop Gold Corp., an exploration stage company, engages in the identification, acquisition, development, exploration, and evaluation of mineral properties in the United States and Colombia. It primarily ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2019/09/20 23:40|
|End of Day Share Price||2019/09/20 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.