O3 Mining (TSXV:OIII) - Stock Price, News & Analysis

OIII Stock Overview

O3 Mining Inc. engages in the acquisition, exploration, and development of precious metal resource properties in Canada.

About the company

OIII fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	5/6
Past Performance	0/6
Financial Health	5/6
Dividends	0/6

Rewards

Trading at 96.4% below our estimate of its fair value

Earnings are forecast to grow 73.34% per year

Risk Analysis

Makes less than USD$1m in revenue (CA$0)

Does not have a meaningful market cap (CA$132M)

Shareholders have been diluted in the past year

O3 Mining Inc. Competitors

Rio2

TSXV:RIO

CA$149.7m

Liberty Gold

TSX:LGD

CA$119.1m

Lion One Metals

TSXV:LIO

CA$108.4m

Fury Gold Mines

TSX:FURY

CA$97.9m

Price History & Performance

Summary of all time highs, changes and price drops for O3 Mining
Historical stock prices
Current Share Price	CA$1.49
52 Week High	CA$1.79
52 Week Low	CA$1.22
Beta	0.83
1 Month Change	2.05%
3 Month Change	6.43%
1 Year Change	-9.15%
3 Year Change	-41.57%
5 Year Change	n/a
Change since IPO	-57.55%

Recent updates

Is O3 Mining (CVE:OIII) Weighed On By Its Debt Load?

Aug 30

Do Insiders Own Lots Of Shares In O3 Mining Inc. (CVE:OIII)?

Jan 11

Shareholder Returns

	OIII	CA Metals and Mining	CA Market
7D	2.8%	0.02%	-0.6%
1Y	-9.1%	-3.9%	3.9%

Return vs Industry: OIII underperformed the Canadian Metals and Mining industry which returned -3.9% over the past year.

Return vs Market: OIII underperformed the Canadian Market which returned 3.9% over the past year.

Price Volatility

Is OIII's price volatile compared to industry and market?
OIII volatility
OIII Average Weekly Movement	5.3%
Metals and Mining Industry Average Movement	11.6%
Market Average Movement	9.1%
10% most volatile stocks in CA Market	18.3%
10% least volatile stocks in CA Market	3.1%

Stable Share Price: OIII has not had significant price volatility in the past 3 months.

Volatility Over Time: OIII's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
n/a	48	Jose Vizquerra Benavides	www.o3mining.com

O3 Mining Inc. engages in the acquisition, exploration, and development of precious metal resource properties in Canada. The company primarily explores for gold deposits. Its flagship property is the Marban Alliance property with 65 mining claims covering 2,189 hectares located in the western portion of the province of Québec, Canada.

O3 Mining Inc. Fundamentals Summary

How do O3 Mining's earnings and revenue compare to its market cap?
OIII fundamental statistics
Market cap	CA$131.98m
Earnings (TTM)	-CA$34.11m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-3.8x

P/E Ratio

Is OIII overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
OIII income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$34.11m
Earnings	-CA$34.11m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.39
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	2.7%

How did OIII perform over the long term?

See historical performance and comparison

OIII Stock Overview

Rewards

Risk Analysis

O3 Mining Inc. Competitors

TSXV:RIO

CA$149.7m

TSX:LGD

CA$119.1m

TSXV:LIO

CA$108.4m

TSX:FURY

CA$97.9m

Price History & Performance

Recent News & Updates

O3 Mining Inc. Intersects 119.1 G/T Au over 2.5 Metres at Malartic H, Marban Alliance

O3 Mining Inc., Annual General Meeting, Jun 12, 2024

O3 Mining Inc. Announces the Start of A 3,000 Metre Drill Campaign At the Ludovick Sector in the Horizon Project, Located Seven Kilometres West of the Marban and Norlartic Deposits and Four Kilometres North-East of the Canadian Malartic Open-Pit Owned by Agnico Eagles Mines Limited

New major risk - Financial position

O3 Mining Inc. Announces Resignation of Mélissa Desrochers as Director

O3 Mining Inc. Intersects 9.6 G/T Au over 6.2 Metres At Norlartic Extension, Marban Alliance

Recent updates

O3 Mining Inc. Intersects 119.1 G/T Au over 2.5 Metres at Malartic H, Marban Alliance

O3 Mining Inc., Annual General Meeting, Jun 12, 2024

O3 Mining Inc. Announces the Start of A 3,000 Metre Drill Campaign At the Ludovick Sector in the Horizon Project, Located Seven Kilometres West of the Marban and Norlartic Deposits and Four Kilometres North-East of the Canadian Malartic Open-Pit Owned by Agnico Eagles Mines Limited

New major risk - Financial position

O3 Mining Inc. Announces Resignation of Mélissa Desrochers as Director

O3 Mining Inc. Intersects 9.6 G/T Au over 6.2 Metres At Norlartic Extension, Marban Alliance

Moneta Gold Inc. (TSX:ME) completed the acquisition of Nighthawk Gold Corp. (TSX:NHK) from O3 Mining Inc., The K2 Principal Fund L.P., a fund managed by K2 & Associates Investment Management Inc. and others.

New minor risk - Market cap size

New minor risk - Shareholder dilution

O3 Mining Inc. announced that it has received CAD 18.559639 million in funding

Moneta Gold Inc. (TSX:ME) entered into an arrangement agreement to acquire Nighthawk Gold Corp. (TSX:NHK) from O3 Mining Inc., The K2 Principal Fund L.P., a fund managed by K2 & Associates Investment Management Inc. and others for CAD 56.2 million.

O3 Mining Inc. announced that it expects to receive CAD 9.008604 million in funding

Is O3 Mining (CVE:OIII) Weighed On By Its Debt Load?

O3 Mining Inc. Reports Results from Upper Camflo Drill Program, Marban Alliance

New minor risk - Shareholder dilution

O3 Mining Inc. Receives Results from its 1,368 Metres Drilling Campaign on the Hygrade Fold Area Within the Marban Alliance Project, in Val-D'or, Quebec, Canada

O3 Mining Inc. announced that it has received CAD 10 million in funding

O3 Mining Inc. Intersects 4.0 G/T Au over 36.5 Metres on Malartic H Deposit At Marban

O3 Mining Inc. Provides Additional Assay Results from Winter Drill Program on Marban Engineering Project in Val-D'or, Québec, Canada

O3 Mining Inc. agreed to acquire Kinebik Gold Project from NewOrigin Gold Corp. for approximately CAD 0.2 million.

O3 Mining Initiates Drilling At Malartic H

O3 Mining Inc. Announces Executive Changes

O3 Mining Inc. Initiates Drilling At Marban Regional

O3 Mining Inc. Provides Its Outlook and Catalysts for 2023 in Addition to A Review of 2022

O3 Mining Inc. Announces Its Continues Advancing Its Marban Property in Val-D'or Quebec, Canada

O3 Mining Inc. Takes A Major Step In Environmental Permitting Of Marban Engineering Project

Vice President of Exploration exercised options to buy CA$69k worth of stock.

Insufficient new directors

O3 Mining Inc. Delivers First Maiden Mineral Resource Estimate for Bulldog and Kappa At Alpha

O3 Mining Files Technical Report for Marban Engineering

O3 Mining Inc. Completes the Field Audit of UL ECOLOGO Certification

O3 Mining Inc. Receives Initial Results from Its 10,500 Metre Drilling Campaign on the Hygrade Fold Area, Within Marban Engineering in Val-D'or, Quebec, Canada

O3 Mining Inc. Completes Pre-Feasibility Study For Marban Engineering with Post-Tax NPV of C$463 Million, Unlevered IRR of 23.2% And Annual Production Of Over 160Koz Gold

O3 Mining Inc. Announces Mr. Elijah Tyshynski to Step Down from the Board of Directors

O3 Mining Inc. announced that it expects to receive CAD 15.000011 million in funding

O3 Mining Inc. Updates on Well-Funded 40,000 Meter Drilling Program on Marban Project in Val-d'Or, Quebec, Canada

O3 Mining Inc. Announces Results and Interpretation from Its 6,338 Metres Drilling Campaign on the Camflo Extension Deposit, on the Marban Project in Val-D'or, Quebec, Canada

O3 Mining Inc. Provides Progress Update on Pre-Feasibility Study for Marban Engineering

O3 Mining Inc. (TSXV:OIII) completed the acquisition of East-West Property in Quebec from Emergent Metals Corp. (TSXV:EMR).

High number of new and inexperienced directors

Cartier Resources Inc. (TSXV : ECR) acquired Chalice Gold Mines (Quebec) Inc. from O3 Mining Inc. (TSXV : OIII).

O3 Mining Inc., Annual General Meeting, Jun 23, 2022

Cartier Resources Inc. (TSXV : ECR) entered into a non binding letter of agreement to acquire Chalice Gold Mines (Quebec) Inc. from O3 Mining Inc. (TSXV : OIII) for CAD 6 million.

Patriot Battery Metals Inc. (CNSX:PMET) has signed a Purchase Agreement to acquire FCI Claims for CAD 4.06 million from O3 Mining Inc.

Patriot Battery Metals Inc. (CNSX:PMET) has signed a Purchase Agreement to acquire FCI Claims for $4.06 million from O3 Mining Inc.

O3 Mining Reports Positive Metallurgical Results from Marban Engineering

Investor sentiment improved over the past week

O3 Mining Completes Positive Infill Drilling Program At Marban Project and Provides Results; Next Steps, Updated Resource and Progress to Engineering

O3 Mining Inc. Provides Update on Its Fully-Funded 250,000 Metre Drilling Program At Its Marban and Alpha Properties in Val-D'or, Québec

O3 Mining Inc. Reports New Results from its 2021 Infill Drilling Program at its Marban Project

O3 Mining Inc. Provides an Update on its Well-Funded 250,000 Meter Drilling Program at its Marban and Alpha Properties in Val-D'Or, Québec, Canada

O3 Mining Inc. Expands Marban Mineralization and Provides Winter Drilling Update

President recently bought CA$112k worth of stock

O3 Mining Inc. Provides New Drilling Results from the Marban Project on its Malartic Property in the Val-d'Or Region of Québec, Canada

President recently bought CA$126k worth of stock

O3 Mining Inc. to Drill 250,000 Metres At Marban and Alpha in 2021-2022

O3 Mining Inc. announced that it has received CAD 35.000222 million in funding

Moneta Porcupine Mines Inc. (TSX:ME) completed the acquisition of Northern Gold Mining Inc. from O3 Mining Inc. (TSXV:OIII).

New 90-day low: CA$2.71