Q: Please, may I have your analysis and opinion of OceanaGold?
5i Research Answer:
OCG is hitting new highs, up 50% this year, bringing market cap to $2.7B. Yet, it remains inexpensive at 10.6X earnings. It has a good balance sheet, good growth, good cash flow and good assets. EPS is expected to rise 50% next year. Insiders don't own much and have been recent sellers, but everything else looks decent here.