Ongwe Minerals Inc.

V:OGW Canada Gold
Market Cap
$31.20 Million
CA$44.81 Million CAD
Market Cap Rank
#45495 Global
#722 in Canada
Share Price
CA$1.05
Change (1 day)
-3.67%
52-Week Range
CA$0.90 - CA$1.30
All Time High
CA$1.30
Categories
Companies in Canada Gold
About

Ongwe Minerals Inc. engages in exploration and development of gold in Egypt and Canada. The company's properties include mineral properties covering approximately 2,000 km sq within the Arabian-Nubian Shield. The company operates as a mineral exploration company focused on the discovery and advancement of significant mineral assets across Africa, with a particular focus on gold in Namibia. Its pr… Read more

Ongwe Minerals Inc. (OGW) - Cash Flow Conversion Efficiency

Latest cash flow conversion efficiency as of December 2024: -0.133x

Based on the latest financial reports, Ongwe Minerals Inc. (OGW) has a cash flow conversion efficiency ratio of -0.133x as of December 2024.

Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (CA$-154.45K) by net assets (CA$1.16 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Ongwe Minerals Inc. - Cash Flow Conversion Efficiency Trend (2023–2024)

This chart illustrates how Ongwe Minerals Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.

Ongwe Minerals Inc. Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Ongwe Minerals Inc. ranked by their cash flow conversion efficiency.

Company Cash Flow Conversion Efficiency
Staffline Group Plc
LSE:STAF
 		-0.220x
GRND3F
SA:GRND3F
 		N/A
SIERRA METALS (DFXN.SG)
STU:DFXN
 		0.138x
Penghua Shenzhen Energy Clean Energy Closed Infrastructure Securities Investment Fund
SHE:180401
 		N/A
Aboitiz Power Corp
PSE:AP
 		0.132x
VRYWF
OTCGREY:VRYWF
 		N/A
MNPR3F
SA:MNPR3F
 		N/A
Pacific Image Electronics Co., Ltd.
TWO:6228
 		N/A

Annual Cash Flow Conversion Efficiency for Ongwe Minerals Inc. (2023–2024)

The table below shows the annual cash flow conversion efficiency of Ongwe Minerals Inc. from 2023 to 2024.

Year Net Assets Operating Cash Flow Cash Flow Conversion Efficiency Change
2024-12-31 CA$1.16 Million CA$-2.48 Million -2.133x -45.75%
2023-12-31 CA$3.09 Million CA$-4.52 Million -1.464x --