Outcrop Gold Corp Stock Today

OCG Stock  CAD 0.17  0.01  6.25%   

Performance

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Odds Of Distress

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Outcrop Gold is selling for under 0.17 as of the 28th of March 2024; that is 6.25 percent increase since the beginning of the trading day. The stock's lowest day price was 0.16. Outcrop Gold has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for Outcrop Gold Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
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. Outcrop Gold Corp. was founded in 1993 and is headquartered in Vancouver, Canada. The company has 277.31 M outstanding shares of which 259.89 K shares are now shorted by private and institutional investors with about 0.43 days to cover all short positions. More on Outcrop Gold Corp

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Moving against Outcrop Stock

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Outcrop Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Outcrop Gold's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Outcrop Gold or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO PresidentIan PEng
Business ConcentrationDiversified Metals & Mining, Other Precious Metals & Mining, Basic Materials, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors)
Outcrop Gold Corp (OCG) is traded on TSX Venture Exchange in Canada and employs 60 people. Outcrop Gold is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 44.37 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Outcrop Gold's market, we take the total number of its shares issued and multiply it by Outcrop Gold's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Outcrop Gold Corp classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 277.31 M outstanding shares of which 259.89 K shares are now shorted by private and institutional investors with about 0.43 days to cover all short positions. Outcrop Gold Corp has accumulated about 1.03 M in cash with (8.76 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04.
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Ownership Allocation
Outcrop Gold owns a total of 277.31 Million outstanding shares. Outcrop Gold has significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Outcrop Ownership Details

Outcrop Stock Price Odds Analysis

Depending on a normal probability distribution, the odds of Outcrop Gold jumping above the current price in 90 days from now is about 32.55%. The Outcrop Gold Corp probability density function shows the probability of Outcrop Gold stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Outcrop Gold Corp has a beta of -1.4454. This indicates as returns on its benchmark rise, returns on holding Outcrop Gold Corp are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Outcrop Gold is expected to outperform its benchmark. Additionally, outcrop Gold Corp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 0.17HorizonTargetOdds Above 0.17
67.34%90 days
 0.17 
32.55%
Based on a normal probability distribution, the odds of Outcrop Gold to move above the current price in 90 days from now is about 32.55 (This Outcrop Gold Corp probability density function shows the probability of Outcrop Stock to fall within a particular range of prices over 90 days) .

Outcrop Gold Corp Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Outcrop Gold market risk premium is the additional return an investor will receive from holding Outcrop Gold long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Outcrop Gold. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Outcrop Gold's alpha and beta are two of the key measurements used to evaluate Outcrop Gold's performance over the market, the standard measures of volatility play an important role as well.

Outcrop Stock Against Markets

Picking the right benchmark for Outcrop Gold stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Outcrop Gold stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Outcrop Gold is critical whether you are bullish or bearish towards Outcrop Gold Corp at a given time. Please also check how Outcrop Gold's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Outcrop Gold without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Outcrop Gold Corporate Management

Elected by the shareholders, the Outcrop Gold's board of directors comprises two types of representatives: Outcrop Gold inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Outcrop. The board's role is to monitor Outcrop Gold's management team and ensure that shareholders' interests are well served. Outcrop Gold's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Outcrop Gold's outside directors are responsible for providing unbiased perspectives on the board's policies.
Guillermo GeoVice ExplorationProfile
Sunil SharmaChief OfficerProfile
Melissa MartensenCorporate SecretaryProfile
Joseph GeoCEO PresProfile

How to buy Outcrop Stock?

Before investing in Outcrop Gold, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Outcrop Gold. To buy Outcrop Gold stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Outcrop Gold. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Outcrop Gold stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Outcrop Gold Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Outcrop Gold Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Outcrop Gold Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Outcrop Gold Corp?

The danger of trading Outcrop Gold Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Outcrop Gold is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Outcrop Gold. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Outcrop Gold Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Outcrop Gold Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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When running Outcrop Gold's price analysis, check to measure Outcrop Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Outcrop Gold is operating at the current time. Most of Outcrop Gold's value examination focuses on studying past and present price action to predict the probability of Outcrop Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Outcrop Gold's price. Additionally, you may evaluate how the addition of Outcrop Gold to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Outcrop Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Outcrop Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Outcrop Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.