Ongold Resources Ltd (TSE:ONAU)
:ONAU
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ONAU Stock Chart & Stats
C$0.87
-C$0.01(-1.28%)
At close: 4:00 PM EST
C$0.87
-C$0.01(-1.28%)
Day’s Range― - ―
52-Week RangeC$0.35 - C$1.37
Previous CloseN/A
Volume1.00K
Average Volume (3M)73.69K
Market Cap
N/A
Enterprise ValueC$15.63M
Total Cash (Recent Filing)C$7.64M
Total Debt (Recent Filing)C$0.00
Price to Earnings (P/E)―
Beta0.84
Next Earnings
Sep 01, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.10
Shares Outstanding56,956,814
10 Day Avg. Volume49,949
30 Day Avg. Volume73,687
Financial Highlights & Ratios
PEG Ratio0.26
Price to Book (P/B)12.22
Price to Sales (P/S)0.00
P/FCF Ratio-9.80
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Low LeverageNo reported debt materially lowers financial risk and interest burden, giving management flexibility to fund exploration or operations via equity or partnerships rather than servicing loans. This durable structural strength improves solvency and reduces default risk over months.
Improved Equity & Rising AssetsA strengthened equity base and growing asset base provide a multi-month buffer to absorb exploration losses and fund near-term programs. This materially improves solvency metrics and enhances the company's ability to negotiate JV deals or capital raises on clearer balance-sheet footing.
Lean Cost BaseA very small headcount implies a low fixed-cost structure, which helps conserve cash and extend operational runway between financings. For an exploration-stage miner, a lean team supports capital efficiency and reduces dilution pressure over the medium term.
Bears Say
Pre-revenue With Large LossesAbsent any revenue, the company relies entirely on capital markets or partners to fund operations. Large, persistent losses steadily erode equity and limit optionality; until commercialization or asset monetization occurs, earnings visibility and internal cash generation remain nil.
Severe Operating Cash BurnDeepening negative operating cash flow points to ongoing high cash consumption from activities. This structural cash burn shortens runway, forces recurrent fundraising, constrains strategic choices, and raises the probability of dilutive financings over the coming months.
Funding Risk RemainsEven with improved equity, continued negative cash flow and losses create a material funding gap risk. Future capital needs could lead to dilutive issuances, asset sales, or unfavorable JV terms, impacting execution of long-term exploration and development plans.
Ongold Resources Ltd News
ONAU FAQ
What was Ongold Resources Ltd’s price range in the past 12 months?
Ongold Resources Ltd lowest stock price was C$0.34 and its highest was C$1.37 in the past 12 months.
What is Ongold Resources Ltd’s market cap?
Currently, no data Available
When is Ongold Resources Ltd’s upcoming earnings report date?
Ongold Resources Ltd’s upcoming earnings report date is Sep 01, 2026 which is in 94 days.
How were Ongold Resources Ltd’s earnings last quarter?
Currently, no data Available
Is Ongold Resources Ltd overvalued?
According to Wall Street analysts Ongold Resources Ltd’s price is currently Overvalued.
Does Ongold Resources Ltd pay dividends?
Ongold Resources Ltd does not currently pay dividends.
What is Ongold Resources Ltd’s EPS estimate?
Ongold Resources Ltd’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Ongold Resources Ltd have?
Ongold Resources Ltd has 56,956,814 shares outstanding.
What happened to Ongold Resources Ltd’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of Ongold Resources Ltd?
Currently, no hedge funds are holding shares in TSE:ONAU
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Ongold Resources Ltd
ONgold Resources Ltd. engages in the ownership of mineral exploration assets located in Northern Ontario. It holds interest in the TPK and October Gold projects. The company was founded on February 17, 2022 and is headquartered in Toronto, Canada.
Technical Analysis
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Options Prices
Currently, No data available
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