OGC Stock Analysis: OceanaGold | NYSE
Gold | NYSE, USA | Market Cap: 6.422m USD | 12M Return: 39.1% | CA6752224007 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 17.0M
EPS Trend: 56.1%
Rev. Trend: 99.0%
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
OceanaGold Corporation (NYSE: OGC) is a Canadian mid-cap gold mining company headquartered in Vancouver that explores, develops, and operates gold and gold/copper mines across the United States, the Philippines, and New Zealand. Founded in 1990, the company also explores for copper and silver deposits, giving it exposure to multiple precious and base metals. Its operations span three distinct jurisdictions, which diversifies geographic and regulatory risk but also exposes it to varying political, environmental, and currency conditions typical of the basic materials sector.
As a producer in the gold industry, OceanaGolds earnings are closely linked to prevailing gold prices, ore grade quality, and production costs, with copper and silver serving as byproduct revenue streams. Multi-asset mining operators of this type generally benefit from scale efficiencies but face ongoing capital intensity, resource depletion risk, and the need for continuous reserve replacement through exploration.
- Gold price rally boosts revenue and free cash flow
- Didipio copper byproduct output diversifies revenue mix
- Philippines regulatory uncertainty threatens Didipio permit renewal
| Net Income: 864.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.20 > 0.02 and ΔFCF/TA 5.76 > 1.0 |
| NWC/Revenue: 14.92% < 20% (prev 13.34%; Δ 1.59% < -1%) |
| CFO/TA 0.36 > 3% & CFO 1.28b > Net Income 864.5m |
| Net Debt (-604.7m) to EBITDA (1.58b): -0.38 < 3 |
| Current Ratio: 1.63 > 1.5 & < 3 |
| Outstanding Shares: last quarter (225.1m) vs 12m ago -2.61% < -2% |
| Gross Margin: 51.47% > 18% (prev 28.77%; Δ 22.70% > 0.5%) |
| Asset Turnover: 77.00% > 50% (prev 46.51%; Δ 30.49% > 0%) |
| Interest Coverage Ratio: 93.76 > 6 (EBIT TTM 1.26b / Interest Expense TTM 13.5m) |
| A: 0.10 (Total Current Assets 949.5m - Total Current Liabilities 582.7m) / Total Assets 3.60b |
| B: 0.39 (Retained Earnings 1.39b / Total Assets 3.60b) |
| C: 0.40 (EBIT TTM 1.26b / Avg Total Assets 3.19b) |
| D: 2.63 (Book Value of Equity 2.54b / Total Liabilities 963.5m) |
| Altman-Z'' = 7.35 = AAA |
| DSRI: 1.50 (Receivables 44.3m/15.6m, Revenue 2.46b/1.29b) |
| GMI: 0.56 (GM 28.77% / 51.47%) |
| AQI: 0.80 (AQ_t 0.06 / AQ_t-1 0.08) |
| SGI: 1.90 (Revenue 2.46b / 1.29b) |
| TATA: -0.11 (NI 864.5m - CFO 1.28b) / TA 3.60b) |
| Beneish M = -2.50 (Cap -4..+1) = A |
As of September 27, 2026, the stock is trading at USD 28.13 with a total of 338,793 shares traded. Over the past week, the price has changed by -1.09%, over one month by -10.19%, over three months by +13.57% and over the past year by +39.05%.
Current recommended Stop Loss: 26.30 (which is 6.5% or 1.5 ATR below the current price).
OceanaGold has no consensus analysts rating.
P/E Trailing = 7.5379
P/E Forward = 8.658
P/S = 2.6077
P/B = 2.4905
Revenue TTM = 2.46b USD
EBIT TTM = 1.26b USD
EBITDA TTM = 1.58b USD
Long Term Debt = 34.5m USD (estimated: total debt 50.1m - short term 15.6m)
Short Term Debt = 15.6m USD (from shortTermDebt, last quarter)
Debt = 50.1m USD (from shortLongTermDebtTotal, last quarter) (leases 50.1m already included)
Net Debt = -604.7m USD (calculated: Debt 50.1m - CCE 654.8m)
Enterprise Value = 5.82b USD (6.42b + Debt 50.1m - CCE 654.8m)
Interest Coverage Ratio = 93.76 (Ebit TTM 1.26b / Interest Expense TTM 13.5m)
EV/FCF = 8.04x (Enterprise Value 5.82b / FCF TTM 723.4m)
FCF Yield = 12.44% (FCF TTM 723.4m / Enterprise Value 5.82b)
FCF Margin = 29.44% (FCF TTM 723.4m / Revenue TTM 2.46b)
Net Margin = 35.18% (Net Income TTM 864.5m / Revenue TTM 2.46b)
Gross Margin = 51.47% ((Revenue TTM 2.46b - Cost of Revenue TTM 1.19b) / Revenue TTM)
Gross Margin QoQ = 53.38% (prev 56.50%)
Tobins Q-Ratio = 1.62 (Enterprise Value 5.82b / Total Assets 3.60b)
Interest Expense / Debt = 26.88% (Interest Expense 13.5m / Debt 50.1m)
Taxrate = 28.66% (357.6m / 1.25b)
NOPAT = 900.9m (EBIT 1.26b * (1 - 28.66%))
Current Ratio = 1.63 (Total Current Assets 949.5m / Total Current Liabilities 582.7m)
Debt / Equity = 0.02 (Debt 50.1m / totalStockholderEquity, last quarter 2.54b)
Debt / EBITDA = -0.38 (Net Debt -604.7m / EBITDA 1.58b)
Debt / FCF = -0.84 (Net Debt -604.7m / FCF TTM 723.4m)
Total Stockholder Equity = 2.30b (last 4 quarters mean from totalStockholderEquity)
RoA = 27.09% (Net Income 864.5m / Total Assets 3.60b)
RoE = 37.52% (Net Income TTM 864.5m / Total Stockholder Equity 2.30b)
RoCE = 54.00% (EBIT 1.26b / Capital Employed (Equity 2.30b + L.T.Debt 34.5m))
RoIC = 30.95% (NOPAT 900.9m / Invested Capital 2.91b)
WACC = 10.28% (E(6.42b)/V(6.47b) * Re(10.21%) + D(50.1m)/V(6.47b) * Rd(26.88%) * (1-Tc(0.29)))
Discount Rate = 10.21% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -93.06 | Cagr: -2.67%
[DCF] Terminal Value 71.99% ; FCFF base≈593.5m ; Y1≈680.4m ; Y5≈1.00b
[DCF] Fair Price = 53.23 (EV 11.2b - Net Debt -604.7m = Equity 11.8b / Shares 222.4m; r=10.28% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 56.14 | EPS CAGR: 348.2% | SUE: N/A | # QB: 0
Revenue Correlation: 99.03 | Revenue CAGR: 35.82% | SUE: N/A | # QB: 0
EPS current Year (2026-12-31): EPS=0.00 | Chg30d=N/A | Revisions=N/A | GrowthEPS=+0.0% | GrowthRev=+41.6%
EPS next Year (2027-12-31): EPS=0.00 | Chg30d=N/A | Revisions=N/A | GrowthEPS=+0.0% | GrowthRev=+1.5%