OceanaGold ( (TSE:OGC) ) just unveiled an update.
OceanaGold Corporation has reported its financial and operational results for the fourth quarter and full year of 2024, achieving record outcomes. The company met its updated production guidance with a substantial increase in annual production, resulting in a record net profit of $192 million and free cash flow of $245 million. Key achievements include a doubling of the annual dividend and plans to repurchase up to $100 million of shares in 2025, highlighting a robust financial position.
More about OceanaGold
OceanaGold Corporation is a multinational gold producer headquartered in Vancouver, operating in the mining industry. The company is primarily focused on the extraction and production of gold and copper, with significant operations at sites such as Haile and Waihi.
YTD Price Performance: 11.72%
Average Trading Volume: 38,320
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $2.25B
For detailed information about OGC stock, go to TipRanks’ Stock Analysis page.