Oceanus Resources Corporation engages in the exploration of mineral properties in Mexico.
+ 1 more risk
Mediocre balance sheet and overvalued.
Share Price & News
How has Oceanus Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 1OC's share price has been volatile over the past 3 months.
7 Day Return
DE Metals and Mining
1 Year Return
DE Metals and Mining
Return vs Industry: 1OC underperformed the German Metals and Mining industry which returned -13.5% over the past year.
Return vs Market: 1OC underperformed the German Market which returned 15% over the past year.
Price Volatility Vs. Market
How volatile is Oceanus Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Oceanus Resources undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 1OC's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 1OC's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 1OC is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: 1OC is unprofitable, so we can't compare its PE Ratio to the German market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 1OC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 1OC is good value based on its PB Ratio (0.7x) compared to the DE Metals and Mining industry average (4.2x).
How is Oceanus Resources forecast 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 Oceanus Resources 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.
- Take a look at our analysis of 1OC’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Oceanus Resources competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Oceanus Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1OC is currently unprofitable.
Growing Profit Margin: 1OC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 1OC is unprofitable, but has reduced losses over the past 5 years at a rate of 7.3% per year.
Accelerating Growth: Unable to compare 1OC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 1OC is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-13%).
Return on Equity
High ROE: 1OC has a negative Return on Equity (-5.53%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Oceanus Resources's financial position?
Financial Position Analysis
Short Term Liabilities: 1OC's short term assets (CA$197.7K) do not cover its short term liabilities (CA$2.6M).
Long Term Liabilities: 1OC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 1OC is debt free.
Reducing Debt: 1OC had no debt 5 years ago.
Inventory Level: 1OC has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if 1OC's debt is 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.
Stable Cash Runway: 1OC has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 1OC has less than a year of cash runway if free cash flow continues to reduce at historical rates of -1.1% each year
What is Oceanus Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate 1OC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 1OC's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 1OC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 1OC's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 1OC's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Glenn Jessome (55yo)
Mr. Glenn R. Jessome, J.D., MBA, is the Corporate Secretary of ViveRE Communities Inc. since September 14, 2018. He served as Corporate Secretary at Nova Leap Health Corp. until March 31, 2019. Mr. Jessome ...
|Chairman of the Board of Directors||2.1yrs||no data||0.24% CA$19.2k|
|Independent Director||2.1yrs||no data||1.48% CA$117.6k|
|Independent Director||9.7yrs||no data||1.34% CA$106.3k|
|Independent Director||6.4yrs||no data||0.84% CA$66.5k|
|Independent Director||2.4yrs||no data||no data|
Experienced Board: 1OC's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 1OC insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 6.9%.
Oceanus Resources Corporation's company bio, employee growth, exchange listings and data sources
- Name: Oceanus Resources Corporation
- Ticker: 1OC
- Exchange: BST
- Founded: 2010
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$11.394m
- Listing Market Cap: CA$7.930m
- Shares outstanding: 162.77m
- Website: https://www.oceanusresources.ca
Number of Employees
- Oceanus Resources Corporation
- Purdy's Tower Two
- Suite 2108
- Nova Scotia
- B3J 3R7
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|OCN||TSXV (TSX Venture Exchange)||Yes||Common Stock||CA||CAD||Dec 2010|
|OCNS.F||OTCPK (Pink Sheets LLC)||Yes||Common Stock||US||USD||Dec 2010|
|1OC||BST (Boerse-Stuttgart)||Yes||Common Stock||DE||EUR||Dec 2010|
Oceanus Resources Corporation engages in the exploration of mineral properties in Mexico. The company explores for gold, silver, copper, zinc, lead, and base metals. It holds a 100% interest in the El Tigre property that covers an area of 26,307 hectares located in Sonora, Mexico. The company was incorporated in 2010 and is headquartered in Halifax, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/16 22:48|
|End of Day Share Price||2020/02/14 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.