Breakdown | ||||
Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
1.29B | 1.03B | 984.70M | 744.70M | 500.10M | Gross Profit |
372.30M | 298.70M | 259.80M | 232.70M | 45.10M | EBIT |
274.40M | 187.80M | 192.90M | 146.80M | -37.30M | EBITDA |
590.80M | 369.80M | 378.90M | 166.40M | 144.10M | Net Income Common Stockholders |
187.40M | 83.10M | 132.60M | -3.70M | -150.40M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
193.50M | 61.70M | 83.20M | 133.00M | 179.00M | Total Assets |
2.49B | 2.45B | 2.29B | 2.26B | 2.25B | Total Debt |
71.60M | 231.80M | 253.40M | 370.90M | 312.90M | Net Debt |
-121.90M | 170.10M | 170.20M | 237.90M | 133.90M | Total Liabilities |
562.60M | 713.20M | 617.30M | 710.00M | 688.40M | Stockholders Equity |
1.82B | 1.73B | 1.67B | 1.55B | 1.56B |
Cash Flow | Free Cash Flow | |||
213.70M | 34.30M | 87.00M | -63.30M | -54.90M | Operating Cash Flow |
593.90M | 384.20M | 368.70M | 261.40M | 198.80M | Investing Cash Flow |
-348.70M | -341.80M | -280.80M | -315.80M | -225.80M | Financing Cash Flow |
-120.50M | -57.80M | -130.20M | 25.10M | 159.50M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
80 Outperform | $72.92B | 26.99 | 9.42% | 1.65% | 26.99% | -6.63% | |
75 Outperform | $19.78B | 14.42 | 14.66% | 1.14% | 16.53% | 206.89% | |
74 Outperform | $2.70B | 10.08 | 10.55% | 0.78% | 28.24% | 132.38% | |
74 Outperform | $45.98B | 15.66 | 9.00% | 2.23% | 15.40% | 72.49% | |
74 Outperform | $4.26B | 10.69 | 8.12% | ― | 27.29% | ― | |
66 Neutral | $3.43B | 24.62 | 11.14% | ― | 18.32% | ― | |
46 Neutral | $2.64B | -3.89 | -29.36% | 3.33% | 2.89% | -29.66% |
OceanaGold has submitted an application for fast-track approval for its Waihi North Project in New Zealand, which includes the Wharekirauponga Underground. This move is expected to expedite the permitting process by the end of 2025, marking a significant milestone in the project’s development. The company also reported promising results from its exploration program at Wharekirauponga, with high-grade mineralization identified in several drill holes. These developments underscore OceanaGold’s commitment to expanding its resource base and enhancing its position in the gold mining industry.
OceanaGold has announced a new discovery and high-grade drill results at the Haile Gold Mine in the United States, highlighting the potential of the Pisces and Horseshoe areas. The company has increased its 2025 exploration budget by 20% to $10 million, reflecting its commitment to enhancing shareholder value through exploration success.
OceanaGold has announced a significant new discovery and high-grade drill results at its Haile Gold Mine in the United States. The exploration success at Haile, particularly the Pisces and Horseshoe areas, has led to an increase in the 2025 exploration budget by 20% to $10 million, the largest since the mine’s production began. This move underscores the company’s strategy to enhance shareholder value through exploration, with the new findings potentially benefiting mining operations due to their proximity to existing infrastructure.
OceanaGold Corporation has appointed Stefanie Loader as a Non-Executive Director to its Board of Directors. Loader brings extensive experience in geology, mining operations, and corporate strategy, with a history of leadership roles in major mining companies such as Rio Tinto and CMOC International. Her appointment is expected to enhance OceanaGold’s board with her expertise in mineral exploration and project development, potentially influencing the company’s strategic direction and value for shareholders.
OceanaGold has reported a significant increase in its mineral reserves and resources for the year ending 2024, with a 27% rise in mineral reserves totaling 6.2 million ounces of gold, net of mining depletion, at a higher average grade. Key developments include the declaration of initial mineral reserves at Wharekirauponga and increases in reserves at Didipio, alongside a boost in indicated mineral resources at Waihi and Macraes. This growth reflects the company’s strategic focus on value creation through exploration, underscored by a planned $40 million investment in exploration for 2025, marking its highest budget in five years.
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.
OceanaGold Corporation announced that it will release its fourth quarter and full year 2024 operational and financial results on February 19, 2025. A conference call is scheduled for February 20, 2025, to discuss these results, indicating the company’s ongoing transparency and engagement with stakeholders. The announcement reflects the company’s commitment to maintaining strong communication with investors and stakeholders as it continues its operations across multiple countries.
OceanaGold is optimistic about New Zealand’s new Fast-track Approvals Act, which streamlines the permitting process for significant projects like their Waihi North Project. The company plans to submit its application in early 2025 and hopes to begin underground development work by 2026, aiming to boost investment and benefit shareholders and local communities.