Author highlights two TSX-listed mining stocks, OGC.TO and CGG.TO, as value plays on fiscal 2026 free cash flow yield estimates.
OGC.TO — LONG The author identifies OGC.TO as a value play based on fiscal 2026 estimates, citing an estimated free cash flow yield of 11.5%. The company operates four mines in friendly or improving jurisdictions (U.S., Philippines, New Zealand) and extracts copper, gold, and silver, with no debt. The investment case is that the low valuation relative to expected FCF will be realized by fiscal 2026.
There are value plays when looking at the estimates for the fiscal year of 2026.
OGC.TO, for example, has an est. FCF yield of 11.5%.
CGG.TO — LONG The author identifies CGG.TO as another value play, with an estimated free cash flow yield of 8.8% for fiscal 2026. The company operates two mines in Mongolia and Tibet that extract gold and copper, has low debt, and has not diluted shareholders. The value thesis rests on the discounted FCF yield and clean capital structure.
Another one is CGG.TO. It's a Chinese mining company listed on the TSX.