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OceanaGold Corporation
OGC

OGC OceanaGold Corporation

OceanaGold Corporation · NYSE
Market Closed
28.44
▼ ⁦-1.49%⁩ (-0.43)
Market Cap$6.3B
Beta1.54
52w Low52w High
24.1531.90
Last Week
⁦-5.80%⁩
Last Month
⁦-3.56%⁩
Last 3 Months
—
Last Year
—
EL7 Factor Analysis
How we score this
Overall100
Excellent — top fifth of the marketF 5/8Better than 100% of Market stocks, per EL7's model
FactorScoreDistributionValueAvgRank
▸
Valuation
92
6.4x▲17.6xTop tier
▸
Growth
97
58.8%▲7.1%Top tier
▸
Quality
85
32.1%▲4.5%Top tier
▸
Safety
93
—2.6xTop tier
▸
Capital Return
70
—2.15%Top tier
▸
Momentum
—
—2.3%N/A
▸
Sentiment
93
10▲3Top tier
Fair Value
Low confidenceCurrent price$28
Analyst target
No data
vs
DCF (estimate)
$58
⁦+104%⁩
Sees it clearly undervalued
⁦11.3⁩% discount · ⁦9⁩% growth

Estimates — analyst targets and a simplified DCF, not investment advice.

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Key Financials

Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.

StockSector medianSector averagetypical sector range
MetricValuePosition within sectorVerdict
  • P/E (TTM)
    6.36x
    4.80x38.40x
    Very cheap
  • Forward P/E
    6.41x
    3.70x29.60x
    Very cheap
  • EV / EBITDA
    3.74x
    2.59x20.75x
    Very cheap
  • FCF Yield
    11.6%
    -19.7%9.2%
    Exceptional
  • Revenue Growth YoY
    58.8%
    -21.2%91.5%
    Strong
  • EPS Growth YoY
    750.8%
    -251.6%198.3%
    Exceptional
  • Gross Margin
    47.1%
    7.3%58.9%
    Strong
  • ROIC
    32.1%
    -52.9%20.1%
    Exceptional
  • Net Debt / EBITDA
    —
    —
  • Dividend Yield
    —
    —
  • Payout Ratio
    —
    —
  • Altman Z-Score
    —
    —
Financial Analysis
|

Stock Analysis

AI-generated

Company Overview

OceanaGold Corporation is a prominent company operating in the mining sector, focusing its operations on the exploration, development, and production of gold and precious metals. The company generates its revenues primarily through the sale of production extracted from its diverse operating assets, supporting its market capitalization of $6.1 billion. The company benefits from strong demand for precious metals and manages its operations with a focus on operational efficiency to maximize shareholder returns.

In its latest financial results for the second quarter of 2026, OceanaGold reported revenues of $647.3 million, accompanied by a gross profit of $345.5 million. The company's net income during this quarter reached $222.2 million, translating to earnings per share of $1. On a trailing twelve-month basis, the company demonstrated strong performance with total revenues reaching $2.5 billion and a net income of $866.8 million, reflecting the robustness of its financial position and its ability to generate sustainable profits.

What's Driving the Stock

  • The recent approval on July 22, 2026, to renew the share repurchase program for 22 million shares represents a positive catalyst reflecting management's confidence in the company's cash flows.
  • Strong financial performance over the trailing twelve months, with revenues reaching $2.5 billion and gross profit of $1.2 billion, providing excellent liquidity to support ongoing operations.
  • Remarkable stability in net income, which recorded $222.2 million in the second quarter of 2026 compared to $224.7 million in the first quarter, demonstrating the company's ability to maintain its profit margins.
Earnings callEDGAR filings30-day newsInsider activity

Automated analysis for informational purposes only — not investment advice.

Buying & Selling Case

▲ Buying Case3 pts

  • +The renewal of the 22 million share repurchase program directly contributes to enhancing shareholder value by reducing the number of outstanding shares and increasing future earnings per share.
  • +The company generates high levels of net income, which amounted to $866.8 million over the trailing twelve months, giving it significant financial flexibility for dividend distributions or reinvestment.
  • +Gross profit margins show clear operational health, as the company achieved $345.5 million in gross profit from $647.3 million in revenues in the second quarter of 2026.

▼ Selling Case2 pts

  • −Revenues saw a slight sequential decline from $702.8 million in the first quarter of 2026 to $647.3 million in the second quarter, which may indicate short-term pressure on sales.
  • −Gross profit also decreased on a quarterly basis from $397.1 million in the first quarter of 2026 to $345.5 million in the second quarter, reflecting the potential for higher operational costs.

Valuation

OceanaGold Corporation shares are currently trading within a 52-week range of $16.3 and $43.33, reflecting notable price volatility over the past year. Currently, there is no analyst consensus data available regarding a price target or specific buy and sell recommendations for the stock. However, the strong trailing twelve-month earnings per share of $4.47, coupled with a market capitalization of $6.1 billion, suggests a valuation that relies heavily on cash flows and realized profits.

Figures in the text are as of 2026-08-19; the live price is shown at the top of the page.

FAQ

What were the financial results for OceanaGold in the second quarter of 2026?

In the second quarter of 2026, OceanaGold reported total revenues of $647.3 million. The company achieved a gross profit of $345.5 million and a net income of $222.2 million during this period. Additionally, earnings per share for the quarter amounted to $1, reflecting stable operational performance compared to the previous quarter.

What was the company's revenue and profit trend over the trailing twelve months?

Over the trailing twelve months ending in 2026, OceanaGold generated substantial revenues totaling $2.5 billion. During the same timeframe, the company recorded a gross profit of $1.2 billion and a strong net income of $866.8 million. This resulted in an earnings per share of $4.47, highlighting the company's robust overall profitability.

What recent actions has management taken regarding shareholder returns?

On July 22, 2026, OceanaGold received approval to renew its share repurchase program. This program authorizes the company to repurchase up to 22 million shares of its common stock. This move is generally considered a positive signal, as it aims to return capital to shareholders and potentially increase the value of the remaining shares.

How did the first quarter of 2026 perform compared to the second quarter in terms of revenues?

In the first quarter of 2026, OceanaGold reported revenues of $702.8 million, which was higher than the subsequent quarter. By the second quarter of 2026, revenues experienced a slight sequential decline, reaching $647.3 million. Despite this drop in revenues, net income remained relatively stable, moving from $224.7 million in the first quarter to $222.2 million in the second quarter.