Oceanagold Corp. OGC
- Market cap
- $6.2B
- P/E
- 7.3×
Follow OGC
Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 5.16 | 6.81 | 7.05 | 4.83 | 2.40 | 4.11 | 3.93 | 4.59 | 4.62 | 0.22 |
Analyst estimates 2026–2028 Powerpack |
Low Price
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| 12.81 | 11.25 | 10.92 | 11.22 | 8.97 | 6.81 | 8.10 | 7.80 | 9.75 | 31.39 |
High Price
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| — | — | — | — | — | — | — | — | 4,643 | 5,400 |
Employees
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| — | — | — | — | — | — | — | 0 | 0 | 0 |
Revenue/Emp
|
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| — | — | — | — | — | — | — | 1,026 | 1,294 | 1,893 |
Revenue
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|||
| — | — | — | — | — | — | — | 51.40% | 53.59% | 59.66% |
Gross Margin
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| — | — | — | — | — | — | — | 118 | 247 | 901 |
EBT
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| — | — | — | — | — | — | — | 11.54% | 19.12% | 47.59% |
EBT Margin
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| — | — | — | — | — | — | — | 83 | 192 | 646 |
Net Income
|
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| — | — | — | — | — | — | — | 229 | 321 | 252 |
Depreciation
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| — | — | — | — | — | — | — | 1.45 | 5.48 | 8.20 |
Revenue/Sh
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| — | — | — | — | — | — | — | 0.12 | 0.81 | 2.80 |
Earnings/Sh
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| — | — | — | — | — | — | — | 0.54 | 2.51 | 4.26 |
Cash Flow/Sh
|
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| — | — | — | — | — | — | — | (0.48) | (1.48) | (1.91) |
Capex/Sh
|
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| — | — | — | — | — | — | — | 0.06 | 1.04 | 2.35 |
Free CF/Sh
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| — | — | — | — | — | — | — | 2.45 | 8.15 | 10.27 |
Book Value/Sh
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| — | — | — | — | — | — | — | 707 | 236 | 231 |
Shares
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| — | — | — | — | — | — | — | 10.19 | 10.19 | 10.12 |
PE Ratio
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| — | — | — | — | — | — | — | 0.00 | 1.51 | 3.45 |
PS Ratio
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| — | — | — | — | — | — | — | 0.00 | 1.02 | 2.76 |
PB Ratio
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| — | — | — | — | — | — | — | 0.00 | 1.40 | 3.22 |
EV/Sales
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| — | — | — | — | — | — | — | 0.00 | 7.37 | 11.22 |
EV/FCF
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| — | — | — | — | — | — | — | 384 | 594 | 984 |
Op' Cash Flow
|
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| — | — | — | — | — | — | — | (342) | (349) | (441) |
Capex
|
|||
| — | — | — | — | — | — | — | 42 | 245 | 543 |
FCF
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| — | — | — | — | — | — | — | 15 | 157 | 226 |
Working Cap'
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| — | — | — | — | — | — | — | 199 | 44 | 30 |
Total Debt
|
|||
| — | — | — | — | — | — | — | 137 | (150) | (446) |
Net Debt
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|||
| — | — | — | — | — | — | — | 1,733 | 1,927 | 2,371 |
Sh' Equity
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| — | — | — | — | — | — | — | 0.00% | 7.59% | 21.89% |
ROA
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| — | — | — | — | — | — | — | 6.28% | 9.65% | 24.04% |
ROIC
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| — | — | — | — | — | — | — | 0.00% | 10.24% | 29.26% |
ROE
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Oceanagold Corp. (OGC) key facts
- Oceanagold Corp.’s revenue for fiscal 2025 (year ended December 2025) was $1.9 billion, up 46.3% from fiscal 2024.
- Net income was $645.7 million, or $2.80 per share (basic), a net margin of 33.2%.
- As of September 25, 2026, OGC traded at $28.13, a market capitalization of $6.2 billion.
- At that price the stock trades at 7.3× trailing-twelve-month earnings and 2.5× sales.
- Return on equity was 29.3% and debt-to-equity 0.01.
Oceanagold Corp. (OGC) Latest News
25 Sep
OceanaGold announced results from 16 drill holes at Wharekirauponga, about 10 km north of Waihi, showing high-grade intercepts in the East Graben (EG) Vein, including 6.3 m at 97.2 g/t from 481.5 m (WKP146C), 8.5 m at 41.5 g/t from 399 m (WKP150) and 4.2 m at 32.4 g/t from 602.9 m (WKP147A), plus 9.6 m at 18.5 g/t in EG Hanging Wall veins. Drilling tempo has accelerated to five rigs after expanding the exploration fleet and building a new site. The results support continuity of the southern high-grade zone within the EG Vein and indicate the zone remains open along strike, up-dip and at depth, with potential to upgrade portions from inferred to indicated resources. CEO Gerard Bond called the results exceptional for grade and continuity and noted growth potential. Waihi North progress includes ~350 m of decline development, first ventilation shaft planned and a tailings facility start in late 2026; NI 43-101 update planned for January 2027. High-grade results and potential resource upgrades could meaningfully enhance future reserves, project economics, and investor sentiment.
24 Sep
OceanaGold's Waihi drilling produced high-grade intercepts that Jefferies says support resource conversion and district growth. The company is evaluating expanding processing capacity from 0.8 to 1.2 million tonnes per year, potentially allowing Martha and Wharekirauponga (WKP) to operate concurrently and extending Martha Underground beyond 2033 while WKP helps grow production from 2032. The January 2027 Waihi District technical report could outline a larger, longer-lived district with higher reserves, life and throughput. Recent WKP results include 6.3 m at 97.2 g/t and 8.5 m at 41.5 g/t, with additional high-grade intersections and hanging-wall mineralisation suggesting further resource conversion. Waihi North development remains on schedule, with about 350 m of decline completed and the first ventilation shaft underway; drilling fleet expanded to five rigs. CEO Gerard Bond plans to retire in Q2 2027, staying as adviser for six months. Expanded processing capacity and potential district-scale resource growth could materially extend mine life and production, influencing future performance.
OceanaGold reports 16 new drill holes at Wharekirauponga, 10 km north of Waihi, NZ, showing high-grade continuity in the East Graben and Hanging Wall veins, including intercepts like 6.3 m at 97.2 g/t Au and 8.5 m at 41.5 g/t Au, with the southern high-grade zone remaining open and five rigs active. The company says the drilling supports potential conversion of Inferred to Indicated resources and ongoing growth. Waihi North Project advances with ~350 m of decline, new ventilation shaft, a second jumbo planned for 2027, Willows Portal bulk earthworks, and commissioning of a water treatment plant; early tailings facility work and surface facilities are on track for year-end. A Waihi District NI 43-101 update is planned for January 2027, including an updated mine plan and possible processing plant expansion to 1.2 Mtpa to enable concurrent mining of Martha Underground and Wharekirauponga in 2032. High-grade drill results and potential plant expansion could materially affect Waihi district reserves, production, and investor sentiment.
KO Gold Inc. reports 2026 RC and diamond drilling results from the Smylers Gold Exploration Permit in the Otago Gold District, NZ. A total of 23 RC holes and 2 diamond holes (2,070.7 metres) were completed between May and August 2026, with 2 RC holes and 1 diamond hole abandoned due to groundwater and ground conditions. Results outline broad, structurally controlled gold mineralization along the southeast extension of the Hyde-Macraes Shear Zone, consistent with Otago-style deposits and Macraes Mine. Diamond holes SD0046 and SD0047 returned 0.82 g/t Au over 8.0 m (incl. 4.09 g/t over 0.6 m) and 0.75 g/t Au over 5.9 m (incl. 2.60 g/t over 1.3 m). RC intercepts include 1.07 g/t Au over 2.0 m, 1.05 g/t over 4.0 m, 1.64 g/t over 2.0 m (incl. 2.60 g/t over 1.0 m), among others. Samples analyzed by SGS Macraes using Chrysos PhotonAssay; QA/QC deemed within limits. Drilling moves to Carrick EP for ~800 m in 5 diamond holes. Promising regional-remarkable drilling results in Otago could influence nearby operations like Oceanagold’s Macraes, moderately impacting sentiment and regional exploration expectations.
23 Sep
OceanaGold Corp. says President and CEO Gerard Bond will retire in April 2027 after five years leading the company; he will remain as Special Advisor to the Board for six months post departure. The Board has hired Spencer Stuart to find a successor. Bond says the company has delivered operational and financial uplift, strengthened leadership and culture, expanded growth opportunities, and strong shareholder returns, and remains on track to meet 2026 production guidance, complete the Ausgold Katanning acquisition, and advance its growth pipeline. Chairman Paul Benson says the leadership transition will not derail OceanaGold’s strong financial position, and the Board will secure a top external or internal candidate. OceanaGold operates Haile in the US, Macraes and Waihi in NZ, and Didipio in the Philippines (80% ownership). Smooth transition plan and advisory support reduce risk, but top leadership changes typically affect strategy and investor sentiment in the medium term.
9 Sep
OceanaGold submits permit application supporting Macraes mine life extension and provides technical and exploration updates. Mine life extension at Macraes directly extends operational horizon and supports sustained production and cash flow.
26 Aug
OceanaGold Corporation acquires Ausgold in a $549 million deal to secure the Katanning Gold Project. The $549 million acquisition adds the Katanning Gold Project, expanding OceanaGold's production assets and altering its growth trajectory.
22 Aug
OceanaGold acquires Ausgold for $549 million, adding the Katanning Gold Project to its assets. Acquisition represents major strategic expansion of gold assets for OceanaGold.
17 Aug
OceanaGold Corp. acquires Ausgold for $549 million. The $549 million acquisition of Ausgold marks a major strategic expansion directly affecting OceanaGold's asset base and growth trajectory.
OceanaGold acquires Ausgold. Acquisition marks major strategic expansion altering OceanaGold trajectory.
OceanaGold announces acquisition of Ausgold, expanding its gold mining assets and operations. Acquisition of Ausgold marks major strategic expansion likely to alter OceanaGold's asset base and growth trajectory.
Dundee Corporation announces a transaction between Ausgold Limited and OceanaGold Corporation. Transaction between Ausgold Limited and OceanaGold Corporation may moderately affect strategic positioning.
9 Aug
OceanaGold Corp. presented Q2 earnings call highlights covering financial results, operational updates and forward outlook. Quarterly earnings details can shift near-term investor sentiment and share price without altering long-term trajectory.
5 Aug
OceanaGold Corp. reported its second quarter 2026 financial and operational results. Quarterly results deliver performance metrics that can shift short-term investor sentiment and valuation.
OceanaGold Corp. reported its second quarter 2026 financial and operational results. Quarterly earnings releases supply metrics that move near-term stock valuation and sentiment.
OceanaGold Corp. reported second quarter 2026 results. Quarterly results update financial performance and can shift investor sentiment.
22 Jul
OceanaGold Corp. renews its share buyback program. Renewal of share buyback supports stock price and signals management confidence without altering long-term trajectory.
19 May
OceanaGold reports high-grade gold drill results from Haile project. High-grade intercepts at Haile indicate expanded resources and stronger production outlook.
15 May
Analyst projects 81 per cent upside for Oceanagold Corp. (OGC) TSX gold mining stock. Analyst upside call may lift near-term investor sentiment and share price for Oceanagold Corp. (OGC).
13 May
OceanaGold earnings raise red flags that could undermine investor confidence and pressure the stock despite reported figures. Earnings concerns may moderately sway investor sentiment and short-term stock movements for OceanaGold.
12 May
OceanaGold reports additional high-grade drill results at Haile. High-grade drill results point to potential resource expansion at Haile.
OceanaGold reports additional high-grade drill results at Haile mine, pointing to potential resource expansion. High-grade results at Haile may boost reserves and near-term production outlook for OceanaGold.
6 May
OceanaGold reports strong first quarter with $255 million in free cash flow. Strong first quarter free cash flow of $255 million signals robust operational performance and improved financial flexibility.
OceanaGold reports strong first quarter with $255 million free cash flow. Robust quarterly free cash flow strengthens OceanaGold's financial position and supports positive market trajectory.
5 May
OceanaGold Brewer results highlight copper upside potential and a valuation discount for the company. Brewer results point to copper upside that could enhance Oceanagold's performance.
29 Apr
OceanaGold CEO Gerard Bond discusses NYSE listing plans, strong growth outlook, and responsible mining commitments. NYSE listing represents major strategic move to expand US investor access and accelerate growth trajectory.