Oroco Resource (OCO) AI Stock Analysis

• Market Cap: C$77.84M
• Dividend Yield: N/A
• Average Volume (3M): 243.45K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.03
• Revenue Growth: N/A
• EPS Growth: -26.76%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 64
• Industry: Mining
• EPS (TTM): -0.02
• Shares Outstanding: 243,265,580
• 10 Day Avg. Volume: 136,697
• 30 Day Avg. Volume: 243,452
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -39.80
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

The overall score reflects significant financial performance challenges, including continuous net losses and no revenue generation, despite having a low leverage balance sheet. Technical indicators suggest some upward momentum, but these are offset by the lack of profitability and valuation challenges. The positive corporate events, including successful private placements, provide some support to the stock's outlook.

Oroco Resource Business Overview & Revenue Model

Company Description

Oroco Resource Corp. (OCO) is a publicly traded mineral exploration company primarily focused on the discovery and development of gold, copper, and other base metal resources. Operating within the mining sector, Oroco Resource is engaged in the acquisition, exploration, and evaluation of mineral properties, with a particular emphasis on projects in Mexico. The company aims to create shareholder value through the strategic development and potential sale or partnership of its mineral assets.

How the Company Makes Money

Oroco Resource Corp. generates revenue through the exploration and evaluation of mineral properties, with the potential monetization primarily occurring through joint ventures, sales of mineral rights, or direct extraction and sale of discovered resources. The company invests in exploration activities to increase the value of its properties, aiming to attract partnerships with larger mining companies or investors interested in further developing these resources. Additionally, market factors such as commodity prices, exploration success, and geological findings significantly influence the company's revenue potential and profitability.

Oroco Resource Financial Statement Overview

Summary

Oroco Resource faces significant challenges with continuous net losses and an inability to generate revenue, impacting profitability and cash flow. The balance sheet reflects low leverage, but persistent cash outflows and lack of profitability pose risks to financial stability.

Income Statement

The company has not generated any revenue over the TTM period or the past few years, resulting in an inability to calculate key profitability metrics like gross profit margin and net profit margin. Persistent net losses and negative EBIT indicate ongoing struggles with profitability.

Balance Sheet

The company maintains a strong equity base with a high equity ratio. However, the absence of revenue generation and consistent net losses are concerning for long-term financial sustainability. The debt-to-equity ratio is low, reflecting conservative leverage, which is a positive aspect.

Cash Flow

The company has negative operating and free cash flows, indicating challenges in generating cash from operations. The lack of revenue further exacerbates cash flow issues, although the operating cash flow to net income ratio is not calculable due to ongoing losses.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
0.00	0.00	0.00	-4.35K	-681.00	-822.00
	EBIT
-3.95M	-3.37M	-5.67M	-8.82M	-5.35M	-2.22M
	EBITDA
-4.53M	-3.36M	-5.26M	-7.29M	-3.86M	343.60K
	Net Income Common Stockholders
-3.93M	-3.29M	-4.72M	-7.55M	-3.89M	167.25K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
587.85K	829.00K	1.46M	23.03M	20.21M	407.23K
	Total Assets
87.93M	84.77M	80.06M	77.60M	54.93M	28.50M
	Total Debt
454.88K	0.00	0.00	0.00	0.00	0.00
	Net Debt
-132.98K	-829.00K	-1.46M	-23.03M	-20.21M	-407.23K
	Total Liabilities
1.73M	3.16M	2.91M	4.10M	1.20M	1.42M
	Stockholders Equity
84.93M	80.68M	74.38M	70.18M	50.34M	19.93M
Cash Flow		Free Cash Flow
-4.32M	-1.99M	-27.31M	-5.11M	-3.07M	-3.26M
	Operating Cash Flow
-2.32M	-1.99M	-2.81M	-2.10M	-2.44M	-1.59M
	Investing Cash Flow
-7.57M	-6.69M	-24.46M	-16.22M	-6.68M	-1.32M
	Financing Cash Flow
8.18M	8.05M	5.65M	21.09M	29.02M	2.83M

Oroco Resource Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.31
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:OCO, the sentiment is Positive. The current price of 0.31 is above the 20-day moving average (MA) of 0.28, above the 50-day MA of 0.30, and below the 200-day MA of 0.33, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 61.67 is Neutral, neither overbought nor oversold. The STOCH value of 83.33 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:OCO.

Oroco Resource Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KNT	75 Outperform	C$2.47B	24.54	20.56%	―	64.92%	185.22%
Sector *	47 Neutral	$2.61B	-3.78	-28.62%	3.34%	2.54%	-30.57%
OCO	46 Neutral	C$77.84M	―	-5.17%	―	―	-26.76%
AMY	43 Neutral	C$11.83M	―	-27.99%	―	―	43.89%

Oroco Resource Corporate Events

Oroco Resource Corp. Secures $2.3 Million in Private Placement to Advance Santo Tomas Project

Oroco Resource Corp. has successfully closed a non-brokered private placement, raising over $2.3 million through the sale of units comprising shares and share purchase warrants. The funds will be used to advance the Santo Tomas Project in Mexico, as well as for general corporate purposes. The participation of company insiders in the offering was exempt from certain regulatory requirements due to the valuation being below a specified threshold. This financial move is expected to bolster Oroco’s operational capabilities and enhance its market positioning within the copper mining sector.

Oroco Resource Corp. Upsizes Private Placement to Advance Mexican Project

Oroco Resource Corp. has announced an upsizing of its private placement, raising $2,303,555.75 through the sale of 9,214,223 units at $0.25 per unit. The funds will be used to advance the Santo Tomás Project in Mexico, as well as for corporate purposes. This move is expected to bolster the company’s financial position and support its ongoing exploration efforts, potentially enhancing its standing in the mineral exploration industry.

Oroco Resource Corp. Amends Private Placement to Raise C$1.5 Million

Oroco Resource Corp. has amended the terms of a previously announced private placement to raise up to C$1.5 million through the sale of up to 6,000,000 units, each consisting of one common share and one warrant. The proceeds from this offering will be used to advance the Santo Tomás Project in Mexico and for general corporate purposes. The offering is contingent upon necessary regulatory approvals, including those from the TSX Venture Exchange.

Oroco Resource Corp. Launches C$1.5 Million Private Placement for Project Advancement

Oroco Resource Corp. announced a non-brokered private placement aiming to raise up to C$1.5 million through the issuance of 5,000,000 units at C$0.30 per unit. The funds will primarily support the advancement of the Santo Tomás Project in Mexico and other corporate purposes, with regulatory approvals pending and Red Cloud Securities Inc. involved as a finder.