tiprankstipranks
Trending News
More News >
Ongold Resources Ltd (TSE:ONAU)
:ONAU
Canadian Market

Ongold Resources Ltd (ONAU) Price & Analysis

Compare
2 Followers

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%)

Bulls Say, Bears Say

Bulls Say
Debt-free Balance SheetA debt-free capital structure materially reduces fixed financial obligations and interest exposure, giving management flexibility to time equity or JV financing for exploration. This durability supports operations over the next 2–6 months while development milestones are pursued.
Equity Turned PositiveA shift from negative to positive equity strengthens the balance sheet buffer against further losses and reduces immediate insolvency risk. This provides a more credible asset base for securing partner funding or asset-backed financing during the next funding cycle.
Lean HeadcountA very small employee base implies a low fixed-cost operating profile, which can extend cash runway and allow capital to be directed toward exploration and permitting. This structural cost discipline helps manage burn while awaiting project milestones or financing.
Bears Say
Pre-revenue With Widening LossesBeing pre-revenue means no internal cash generation; the sharp widening of losses indicates elevated spending or write‑downs that materially increase funding needs. Over the next several months this raises execution and dilution risk if milestones don't provide financing access.
Weak Operating Cash Flow And Rising BurnSustained negative operating cash flows and sharply higher cash burn erode liquidity and shorten runway absent new capital. Reliance on external funding increases, creating execution risk and potential dilution pressure over the 2–6 month horizon.
Loss Magnitude Vs. Equity CushionLosses that are large relative to a still modest equity base mean the balance sheet can deteriorate quickly if spending continues. This weakens creditor and investor confidence and increases the likelihood of dilutive financings or asset sales to maintain operations.

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 May 04, 2026 which is in 68 days.
      How were Ongold Resources Ltd’s earnings last quarter?
      Ongold Resources Ltd released its earnings results on Nov 28, 2025. The company reported -C$0.071 earnings per share for the quarter, missing the consensus estimate of N/A by -C$0.071.
        Is Ongold Resources Ltd overvalued?
        According to Wall Street analysts Ongold Resources Ltd’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
          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 56,938,770 shares outstanding.
            What happened to Ongold Resources Ltd’s price movement after its last earnings report?
            Ongold Resources Ltd reported an EPS of -C$0.071 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 7.595%.
              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.

                Ongold Resources Ltd (ONAU) Earnings & Revenues

                Similar Stocks
                Company
                Price & Change
                Follow
                NuLegacy Gold
                Granada Gold Mine Inc
                Ophir Gold
                Stockworks Gold
                Leopard Lake Gold Corp.

                Options Prices

                Currently, No data available
                ---
                Popular Stocks