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ORINOCO GOLD LIMITED (OGX)


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General Information
Company Name: Orinoco Gold Limited
Stock Code: OGX
Website: www.orinocogold.com.au
GICS Sub-Industry: Gold
Market Cap ($M): 16
Equiv. Shares (M): 73

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
 $ 0.220 $ 0.310 $ 0.310 $ 0.215 $ 0.320 4,423,092 $ -0.100  -31.250 %

Company Overview

Business Description:
Orinoco Gold Limited (OGX, formerly Strickland Resources Limited) is a South American gold explorer that owns 70% of Curral de Pedra project in central Brazil. In addition, Orinoco holds exploration rights over two further gold projects in Brazil and a gold project located in Australia.

Financial Summary
Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2012  A -0.6 -2.7 -- 0.0 0.0 0.0 --
2011  A 0.0 0.0 -- -- 0.0 -- --
Source: Aspect actuals / Thomson IBES estimates

Peer Comparison
EPS Growth (%) P/E (%) Dividend Yield (%)
Company Mkt Cap A 2011 F 2012 F A 2011 F 2012 F A 2011 F 2012 F
Evolution Mining (EVN) $623 M -- 0.2450 0.2095 12.6801 10.1852 8.4211 0.0000 0.0102 0.0216
Newcrest Mining (NCM) $11,252 M -0.0378 -0.4472 0.0883 10.3753 18.7676 17.2442 0.0238 0.0220 0.0238
Orinoco Gold (OGX) $23 M -- -- -- -- -- -- 0.0000 -- --
OZ Minerals (OZL) $1,232 M -0.6077 -0.5938 1.2807 9.7479 23.9953 10.5209 0.0739 0.0256 0.0441
Regis Resources (RRL) $1,712 M 0.7775 1.2675 0.3100 23.7154 10.4590 7.9840 0.0000 0.0556 0.0813

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
OGX -- -- 1.91 -- --
Market 1.11 13.3 0.91 2.51 2.66
Sector 0.55 8.50 0.70 1.92 7.33

Directors
Name Position Start Date
Klaus Juergen Petersen Alternate Director 31 October 2012
Mr Mark Papendieck Managing Director 31 October 2012
Mr John Andrew Hannaford Non-Executive Chairman 09 February 2011
Mr Ian Donald Finch Non-Executive Director 31 October 2012
Mr Brian David Thomas Non-Executive Director 31 March 2011

Management
Name Position
Phillip Wingate Company Secretary

Substantial Shareholders
Holding Name
1,857,200 (7.74%) Morgan James Barron
3,332,845 (13.89%) John Andrew Hannaford

Calendar of Events
Date Event
29 April 2014 Report (Quarterly)
13 January 2014 Report (Quarterly)
30 October 2013 Report (Quarterly)
02 September 2013 Report (Annual)
30 July 2013 Report (Quarterly)
© 2011 Morningstar, Inc. All rights reserved. The data and content contained herein are not guaranteed to be accurate, complete or timely. Neither Morningstar, nor its affiliates nor their content providers will have any liability for use or distribution of any of this information. To the extent that any of the content above constitutes advice, it is general advice that has been prepared by Morningstar Australasia Pty Ltd ABN: 95 090 665 544, AFSL: 240892 (a subsidiary of Morningstar, Inc.), without reference to your objectives, financial situation or needs. Before acting on any advice, you should consider the appropriateness of the advice and we recommend you obtain financial, legal and taxation advice before making any financial investment decision. If applicable investors should obtain the relevant product disclosure statement and consider it before making any decision to invest. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). DISCLOSURE: Employees may have an interest in the securities discussed in this report. Please refer to our Financial Services Guide (FSG) for more information at www.morningstar.com.au/fsg.asp.

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