OGC Stock Analysis: OceanaGold | NYSE
Gold | NYSE, USA | Market Cap: 5.303m USD | 12M Return: 73.7% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 8.57M
Warnings
Tailwinds
No distinct edge detected
Seasonality 10.5 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 is a Vancouver-based gold producer focused on the exploration, development, and operation of mining assets in the United States, the Philippines, and New Zealand. The company manages a diversified portfolio that includes gold, copper, and silver deposits, maintaining a presence in high-tier mining jurisdictions.
As a mid-cap player in the basic materials sector, the company operates under a capital-intensive business model where profitability is heavily tied to global spot prices and the geographic concentration of ore grades. Unlike pure-play explorers, integrated producers like OceanaGold must manage the full lifecycle of a mine, from initial resource definition to environmental remediation.
Investors can further examine the companys cost structures and production guidance by reviewing the detailed financial metrics available on ValueRay. Gold mining remains a traditional hedge against currency volatility, though it requires significant investment in infrastructure and technical expertise to maintain consistent output levels.
- Haile Gold Mine underground expansion scales production and improves margins
- Didipio Mine operational consistency drives free cash flow and copper credits
- New Zealand permitting reforms accelerate Waihi and Macraes life-of-mine extensions
- Gold price volatility and US dollar strength dictate revenue realization
| Net Income: 628.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.20 > 0.02 and ΔFCF/TA 11.96 > 1.0 |
| NWC/Revenue: 14.60% < 20% (prev 12.13%; Δ 2.47% < -1%) |
| CFO/TA 0.33 > 3% & CFO 1.14b > Net Income 628.7m |
| Net Debt (-565.2m) to EBITDA (1.24b): -0.46 < 3 |
| Current Ratio: 1.45 > 1.5 & < 3 |
| Outstanding Shares: last quarter (224.2m) vs 12m ago -4.26% < -2% |
| Gross Margin: 46.35% > 18% (prev 28.77%; Δ 17.58% > 0.5%) |
| Asset Turnover: 62.47% > 50% (prev 50.02%; Δ 12.46% > 0%) |
| Interest Coverage Ratio: 77.19 > 6 (EBIT TTM 988.0m / Interest Expense TTM 12.8m) |
| A: 0.08 (Total Current Assets 891.8m - Total Current Liabilities 615.4m) / Total Assets 3.47b |
| B: 0.35 (Retained Earnings 1.23b / Total Assets 3.47b) |
| C: 0.33 (EBIT TTM 988.0m / Avg Total Assets 3.03b) |
| D: 2.44 (Book Value of Equity 2.39b / Total Liabilities 979.5m) |
| Altman-Z'' = 6.43 = AAA |
| DSRI: 1.11 (Receivables 23.8m/14.7m, Revenue 1.89b/1.29b) |
| GMI: 0.62 (GM 28.77% / 46.35%) |
| AQI: 0.80 (AQ_t 0.06 / AQ_t-1 0.08) |
| SGI: 1.46 (Revenue 1.89b / 1.29b) |
| TATA: -0.15 (NI 628.7m - CFO 1.14b) / TA 3.47b) |
| Beneish M = -3.08 (Cap -4..+1) = AA |
As of July 28, 2026, the stock is trading at USD 24.17 with a total of 199,754 shares traded. Over the past week, the price has changed by +8.97%, over one month by -3.67%, over three months by -24.85% and over the past year by +73.73%.
Current recommended Stop Loss: 22.40 (which is 7.3% or 1.4 ATR below the current price).
OceanaGold has no consensus analysts rating.
P/E Trailing = 7.2683
P/E Forward = 5.7438
P/S = 2.3593
P/B = 2.2182
Revenue TTM = 1.89b USD
EBIT TTM = 988.0m USD
EBITDA TTM = 1.24b USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = 54.9m USD (Leases only: 54.9m)
Net Debt = -565.2m USD (calculated: Debt 54.9m - CCE 620.1m)
Enterprise Value = 4.74b USD (5.30b + Debt 54.9m - CCE 620.1m)
Interest Coverage Ratio = 77.19 (Ebit TTM 988.0m / Interest Expense TTM 12.8m)
EV/FCF = 6.75x (Enterprise Value 4.74b / FCF TTM 702.3m)
FCF Yield = 14.82% (FCF TTM 702.3m / Enterprise Value 4.74b)
FCF Margin = 37.10% (FCF TTM 702.3m / Revenue TTM 1.89b)
Net Margin = 33.21% (Net Income TTM 628.7m / Revenue TTM 1.89b)
Gross Margin = 46.35% ((Revenue TTM 1.89b - Cost of Revenue TTM 1.02b) / Revenue TTM)
Gross Margin QoQ = 56.50% (prev 52.12%)
Tobins Q-Ratio = 1.36 (Enterprise Value 4.74b / Total Assets 3.47b)
Interest Expense / Debt = 23.32% (Interest Expense 12.8m / Debt 54.9m)
Taxrate = 29.46% (98.3m / 333.7m)
NOPAT = 697.0m (EBIT 988.0m * (1 - 29.46%))
Current Ratio = 1.45 (Total Current Assets 891.8m / Total Current Liabilities 615.4m)
Debt / Equity = 0.02 (Debt 54.9m / totalStockholderEquity, last quarter 2.39b)
Debt / EBITDA = -0.46 (Net Debt -565.2m / EBITDA 1.24b)
Debt / FCF = -0.80 (Net Debt -565.2m / FCF TTM 702.3m)
Total Stockholder Equity = 2.15b (last 4 quarters mean from totalStockholderEquity)
RoA = 20.75% (Net Income 628.7m / Total Assets 3.47b)
RoE = 29.27% (Net Income TTM 628.7m / Total Stockholder Equity 2.15b)
RoCE = 34.57% (EBIT 988.0m / Capital Employed (Total Assets 3.47b - Current Liab 615.4m))
RoIC = 25.22% (NOPAT 697.0m / Invested Capital 2.76b)
WACC = 11.03% (E(5.30b)/V(5.36b) * Re(10.97%) + D(54.9m)/V(5.36b) * Rd(23.32%) * (1-Tc(0.29)))
Discount Rate = 10.97% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -96.80 | Cagr: -4.03%
[DCF] Terminal Value 69.82% ; FCFF base≈506.9m ; Y1≈581.0m ; Y5≈855.1m
[DCF] Fair Price = 41.78 (EV 8.73b - Net Debt -565.2m = Equity 9.29b / Shares 222.4m; r=11.03% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 43.48 | EPS CAGR: 207.3% | 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=+47.5%
EPS next Year (2027-12-31): EPS=0.00 | Chg30d=N/A | Revisions=N/A | GrowthEPS=+0.0% | GrowthRev=+10.4%