OceanaGold (OGC) Stock Price, News & Analysis

Company Overview

OceanaGold Corporation, a gold and copper producer, engages in exploration, development, and operation of mineral properties in the United States, the Philippines, and New Zealand. It explores for gold, copper, and silver deposits. OceanaGold Corporation was founded in 2003 and is based in Vancouver, Canada.

Key Stats

• Today's Range: C$4.41 to C$4.60
• 50-Day Range: C$3.65 to C$4.69
• 52-Week Range: C$2.83 to C$4.80
• Volume: 2.71 million shs
• Average Volume: 2.21 million shs
• Market Capitalization: C$2.26 billion
• P/E Ratio: 36.90
• Dividend Yield: 0.66%
• Price Target: C$5.58
• Consensus Rating: Buy

OceanaGold Stock Analysis - MarketRank™

OceanaGold scored higher than 30% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.6 / 5
• Analyst Rating: Buy

Consensus Rating

OceanaGold has received a consensus rating of Buy. The company's average rating score is 3.14, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

OceanaGold has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of OceanaGold is 36.90, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 23.48.

Price to Earnings Ratio vs. Sector

The P/E ratio of OceanaGold is 36.90, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 94.37.

Price to Book Value per Share Ratio

OceanaGold has a P/B Ratio of 1.84. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for OGC.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

OceanaGold has a dividend yield of 0.58%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

OceanaGold does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of OceanaGold is 24.33%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for OGC.

News and Social Media

• Score: 1.8 / 5
• News Sentiment: 0.30

News Sentiment

OceanaGold has a news sentiment score of 0.30. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 10 news articles for OceanaGold this week, compared to 1 article on an average week.

MarketBeat Follows

Only 1 people have added OceanaGold to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, OceanaGold insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$219,000.00 in company stock.

Percentage Held by Insiders

Only 0.15% of the stock of OceanaGold is held by insiders.

Percentage Held by Institutions

57.49% of the stock of OceanaGold is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

OGC Stock Analysis - Frequently Asked Questions

How have OGC shares performed this year?

OceanaGold's stock was trading at C$3.98 on January 1st, 2025. Since then, OGC shares have increased by 14.3% and is now trading at C$4.55.
View the best growth stocks for 2025 here.

How do I buy shares of OceanaGold?

Shares of OGC stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

What other stocks do shareholders of OceanaGold own?

Based on aggregate information from My MarketBeat watchlists, some other companies that OceanaGold investors own include AST SpaceMobile (ASTS), Broadcom (AVGO), Intel (INTC), Advanced Micro Devices (AMD), Micron Technology (MU), AngioDynamics (ANGO) and Dell Technologies (DELL).

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Basic Materials
• Industry: Gold
• Sub-Industry: N/A
• Current Symbol: TSE:OGC
• CIK: N/A
• Web: oceanagold.com
• Phone: 604-678-4123
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$5.58
• High Stock Price Target: C$6.25
• Low Stock Price Target: C$5.00
• Potential Upside/Downside: +22.7%
• Consensus Rating: Buy
• Rating Score (0-4): 3.14
• Research Coverage: 7 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$0.12
• Trailing P/E Ratio: 36.90
• Forward P/E Ratio: 7.24
• P/E Growth: N/A
• Net Income: C$42.98 million
• Net Margins: 5.86%
• Pretax Margin: N/A
• Return on Equity: 3.82%
• Return on Assets: 2.63%

Debt

• Debt-to-Equity Ratio: 9.11
• Current Ratio: 1.38
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: C$734.01 million
• Price / Sales: 3.08
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: C$2.48 per share
• Price / Book: 1.84

Miscellaneous

• Outstanding Shares: 496,783,257
• Free Float: N/A
• Market Cap: C$2.26 billion
• Optionable: N/A
• Beta: 1.62