Q: Can you comment on EDR, OSK, LGO, I noticed these 3 stocks have not gone up lately while other silver, gold and materials stocks have risen. What is their cash positions and cash flow? Do any of the 3 need financing soon? Thanks, and deduct whatever credits you feel is appropriate.
5i Research Answer:
OSK: Cash from operations at $49.5M but negative free cash flow at ($43.5M) in the last-twelve months. Net cash position of $267.2M.
LGO: Cash from operations at $9.9M but negative free cash flow at ($69.6M) in the last-twelve months. Net debt at $27.1M with cash position at $39.6M.
EDR: Cash from operations at $76.1M but negative free cash flow at ($54.7M) in the last-twelve months. Net cash position of $36.2M.
LGO would be the most likely to need financing of the three considering its cash from operations and net debt balance, along with the fact that the company has not been profitable in the last-twelve-months.