OceanaGold (OGC.AX) Stock Price

OceanaGold Price

Delisted

Revenue has compounded at 14.1% per year over the past 18 years to 967.40 M USD. Earnings per share have declined at 0.6% per year over the last 18 years. OceanaGold's net margin stands at 13.7%, down from 15.8% several years earlier. The payout ratio is around 32% of earnings. Of 14 analysts, 12 rate the stock a buy — an overall Buy consensus.

OceanaGold stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of OceanaGold over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how OceanaGold stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing OceanaGold's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

OceanaGold Stock Price History
DateOceanaGold Price
Access this data via the Eulerpool API

OceanaGold Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2019
651.20 M USD
45.00 M USD
14.50 M USD
Jan 1, 2020
500.10 M USD
-42.50 M USD
-150.40 M USD
Jan 1, 2021
744.70 M USD
146.80 M USD
-3.70 M USD
Jan 1, 2022
967.40 M USD
192.90 M USD
132.60 M USD
Jan 1, 2023 (e)
1.03 B USD
239.49 M USD
168.07 M USD
Jan 1, 2024 (e)
1.13 B USD
323.26 M USD
219.66 M USD
Jan 1, 2025 (e)
1.19 B USD
365.37 M USD
241.25 M USD
Jan 1, 2026 (e)
1.26 B USD
417.10 M USD
267.62 M USD

OceanaGold Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jul 26, 2026, 8:29 PM
 
REVENUEB USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM USD
EBITM USD
EBIT MARGIN%
NET INCOMEM USD
NET INCOME GROWTH%
SHARESM
2011201220132014201520162017201820192020202120222023e2024e2025e2026e
0.400.390.550.560.510.630.720.770.650.500.740.971.031.131.191.26
29.51-2.5343.641.81-9.9523.8715.296.63-15.67-23.2048.8029.976.939.674.765.81
45.0641.3052.9848.4947.7353.5062.0254.0244.5545.2056.4547.6747.6747.6747.6747.67
178.00159.00293.00273.00242.00336.00449.00417.00290.00226.00420.00461.00492.94540.61566.36599.25
78.0053.00135.00109.0081.00164.00206.00166.0045.00-42.00146.00192.00239.00323.00365.00417.00
19.7513.7724.4119.3615.9826.1128.4521.506.91-8.4019.6219.8623.1128.4830.7233.17
44.0020.00-47.00111.0053.00136.00171.00121.0014.00-150.00-3.00132.00168.00219.00241.00267.00
-54.55-335.00-336.17-52.25156.6025.74-29.24-88.43-1,171.43-98.00-4,500.0027.2730.3610.0510.79
307.00296.30294.20306.98384.91622.70625.60628.80633.20638.60704.00717.50717.50717.50717.50717.50
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales OceanaGold generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue OceanaGold retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare OceanaGold's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares OceanaGold has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against OceanaGold's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

OceanaGold stock margins

The OceanaGold margin analysis displays the gross margin, EBIT margin, as well as the profit margin of OceanaGold. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for OceanaGold.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2018
53.98 %
21.50 %
15.75 %
Jan 1, 2019
44.63 %
6.91 %
2.23 %
Jan 1, 2020
45.29 %
-8.50 %
-30.07 %
Jan 1, 2021
56.47 %
19.71 %
-0.50 %
Jan 1, 2022
47.65 %
19.94 %
13.71 %
Jan 1, 2023 (e)
47.65 %
23.16 %
16.25 %
Jan 1, 2024 (e)
47.65 %
28.49 %
19.36 %
Jan 1, 2025 (e)
47.65 %
30.74 %
20.30 %

OceanaGold Stock Revenue, EBIT, Earnings per Share

The OceanaGold earnings per share therefore indicates how much revenue OceanaGold has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2018
1.23 USD
0.26 USD
0.19 USD
Jan 1, 2019
1.03 USD
0.07 USD
0.02 USD
Jan 1, 2020
0.78 USD
-0.07 USD
-0.24 USD
Jan 1, 2021
1.06 USD
0.21 USD
-0.01 USD
Jan 1, 2022
1.35 USD
0.27 USD
0.18 USD
Jan 1, 2023 (e)
1.47 USD
0.33 USD
0.24 USD
Jan 1, 2024 (e)
1.61 USD
0.45 USD
0.31 USD
Jan 1, 2025 (e)
1.69 USD
0.51 USD
0.34 USD

OceanaGold business model & stock analysis

OceanaGold Corp. is a mining company that focuses on the exploration, development, and mining of gold, copper, and silver. The company was founded in 1990 and is headquartered in Melbourne, Australia. It is listed on the Toronto Stock Exchange and the Australian Securities Exchange. History: OceanaGold originally started as a New Zealand-based company that focused on the exploration and mining of gold. In 2006, the company was listed on the Australian Securities Exchange (ASX) and expanded its operations to the Philippines. Through acquisitions and successful projects in these regions, OceanaGold has become one of the largest gold producers in the region. Business model: OceanaGold's business model is to develop precisely planned mining projects to extract valuable minerals and generate profit. The company employs state-of-the-art technology and implements strict environmental regulations. OceanaGold works closely with the communities in which it operates and invests in programs to improve their quality of life and economic stability. Segments: OceanaGold currently operates three mining projects in New Zealand, the Philippines, and the USA. In New Zealand, the company operates the Waihi project, which has been the largest current mining project in New Zealand since 2015. In the Philippines, the company operates the Didipio project, which focuses on the extraction of gold and copper. The Haile project in South Carolina, USA, is the company's newest project, which started operations in 2017. Gold is also produced at this site. Products: The products of OceanaGold are gold, copper, and silver. The company currently produces around 500,000 ounces of gold per year. Through its successful projects, OceanaGold has established a stable production base in the respective regions. Conclusion: OceanaGold Corp is an Australia-based company that focuses on the exploration, development, and mining of gold, copper, and silver. The company currently operates mining projects in New Zealand, the Philippines, and the USA, and produces approximately 500,000 ounces of gold annually. OceanaGold takes pride in using state-of-the-art technology and collaborating to minimize environmental impacts. The company works closely with communities to improve their quality of life and economic stability.

OceanaGold SWOT Analysis

Strengths

OceanaGold Corp benefits from several key strengths that contribute to its competitive advantage and growth potential. These strengths include:

  • A Strong Financial Position: OceanaGold Corp has a solid financial standing, enabling it to invest in exploration and development projects.
  • Proven Track Record: The company has a history of successful mining operations, demonstrating its expertise in the industry.
  • Diverse Portfolio: OceanaGold Corp boasts a diversified asset portfolio with mines located in multiple countries, minimizing geopolitical risks.
  • Efficient Operations: The company utilizes advanced mining technologies and processes, leading to cost-effective production and higher profit margins.

Weaknesses

Despite its strengths, OceanaGold Corp also faces certain weaknesses that pose challenges to its growth prospects. These weaknesses include:

  • Reliance on Gold: OceanaGold Corp heavily relies on gold as its primary source of revenue, making it vulnerable to fluctuations in gold prices.
  • Environmental Concerns: The mining industry has faced criticism for its environmental impact, and OceanaGold Corp may face scrutiny and regulatory hurdles related to this issue.
  • Dependence on Key Locations: The company's mining operations are concentrated in specific regions, exposing it to regulatory, political, and operational risks in those areas.
  • Capital Intensive Operations: Mining requires significant capital investments, and OceanaGold Corp must continually secure funding for exploration and mine development.

Opportunities

OceanaGold Corp can leverage various opportunities to further enhance its growth and market position. Some of the key opportunities include:

  • Exploration Potential: The company can explore and discover new mineral reserves, expanding its resource base and extending its mining operations.
  • Increasing Gold Demand: Continuously growing global demand for gold presents an opportunity for OceanaGold Corp to capitalize on higher prices and generate substantial profits.
  • Strategic Acquisitions: Acquiring smaller mining companies or their assets can provide OceanaGold Corp access to new deposits and technologies, boosting its competitive advantage.
  • Renewable Energy Integration: Adopting sustainable energy solutions can reduce operational costs and enhance OceanaGold Corp's environmental performance.

Threats

OceanaGold Corp must also be wary of potential threats that may impact its business operations and profitability. The key threats the company faces include:

  • Market Volatility: Fluctuating gold prices and market uncertainties can affect OceanaGold Corp's revenue and profitability.
  • Political and Legal Risks: Operating in various countries exposes the company to geopolitical risks, including changes in regulations, taxation policies, and legal restrictions.
  • Community Opposition: Local communities and environmental activists may oppose mining operations, leading to delays, protests, and reputational damage.
  • Competition: The mining industry is highly competitive, and OceanaGold Corp must continuously innovate and differentiate itself to stay ahead of rivals.

OceanaGold Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

OceanaGold historical P/E ratio, EBIT multiple, and P/S ratio

OceanaGold annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

OceanaGold shares outstanding

The number of shares of OceanaGold was 717.5 M in 2025. This indicates how many shares OceanaGold is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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Number of stocks
Details
Date
Number of stocks
Jan 1, 2018
628.80 M Stocks
Jan 1, 2019
633.20 M Stocks
Jan 1, 2020
638.60 M Stocks
Jan 1, 2021
704.00 M Stocks
Jan 1, 2022
717.50 M Stocks
Jan 1, 2023 (e)
717.50 M Stocks
Jan 1, 2024 (e)
717.50 M Stocks
Jan 1, 2025 (e)
717.50 M Stocks

OceanaGold Dividend History

5 years of dividend payments

YearAnnual DividendYoY ChangePayments
20190.01USD 65.0%
20180.03USD 50.0%
20170.02USD 0.0%
20160.02USD 50.0%
20150.04USD

OceanaGold dividend payout ratio

In 2025, OceanaGold had a payout ratio of 22.66%. The payout ratio indicates the percentage of the company's profits that OceanaGold distributes as dividends.
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Payout ratio
Details
Date
Payout ratio
Jan 1, 2018
15.50 %
Jan 1, 2019
32.02 %
Jan 1, 2020
18.27 %
Jan 1, 2021
21.93 %
Jan 1, 2022
24.07 %
Jan 1, 2023 (e)
21.42 %
Jan 1, 2024 (e)
22.48 %
Jan 1, 2025 (e)
22.66 %

Current OceanaGold forecasts and price targets in July 2026

Analyst Price Targets 2026
Δ MOM Price Target
0.00 %
Buy85.71 % (12)
Hold14.29 % (2)
Sell0.00 % (0)
12M Price Target
3.57
Last Price
0.00
Currency
USD
12M Return Potential
0 %
LTM Return
0 %

OceanaGold shareholder structure

% Name
0.04547%
American Century Investment Management, Inc.
American Century Investment Management, Inc.
0.01420%
Bond (Gerard Michael)
Bond (Gerard Michael)
0.00909%
McMullen (Michael James)
McMullen (Michael James)
0.00710%
Benson (Paul)
Benson (Paul)
0.00068%
Samarang Asset Management S.A.
Samarang Asset Management S.A.
0.00000%
Finlabo SIM S.p. A.
Finlabo SIM S.p. A.

OceanaGold Supply Chain

OceanaGold Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
5 companies
#Name1M3M6M1Y2YTrend
1
0.89
-0.04
0.59
0.49
0.34
#Name1M3M6M1Y2YTrend
1
0.16
2
Site Group
Supplier
0.76
-0.53
-0.76
3
Argan
Supplier
-0.21
-0.65
-0.16
-0.26
-0.35
4
0.18
-0.13
-0.67
-0.51
-0.06

Frequently asked questions about OceanaGold

The business model of OceanaGold Corp is centered around gold mining operations. The company primarily explores, develops, and operates gold and other mineral properties. OceanaGold focuses on sustainable and responsible mining practices, striving to minimize its environmental impact while maximizing the economic benefits for local communities. It implements innovative technologies and best practices to ensure safe and efficient mining operations. With its experienced team and strategic partnerships, OceanaGold aims to deliver long-term value for its shareholders by consistently producing and expanding its gold reserves.

All fundamentals and in-depth analysis of OceanaGold

Our stock analysis for OceanaGold stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of OceanaGold. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.