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OG

OceanaGold Corporation

OGCBasic MaterialsNASDAQ

Gold

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Financials · Annual
Revenue
$1.89B
+46.3% YoY
Net Income
$628.7M
+235.5% YoY
EBITDA
$1.17B
+97.3% YoY
Free Cash Flow
$767.0M

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About OceanaGold Corporation

OceanaGold Corporation engages in the exploration, development, and operation of gold and gold/copper mines in the United States, the Philippines, and New Zealand. The $6.76B market capitalization puts OGC squarely in mid-cap range for its industry. It explores for gold, copper, and silver deposits.

Key stats
Market Cap$6.76B
P/E (TTM)9.21
EPS$3.28
Beta1.53
52W Change+116.0%
Dividend Yield0.79%
ROE34.6%
Analysis

With $620.1M in cash and $54.9M in debt, OGC maintains more liquidity than leverage. This favorable balance sheet position can be an asset when capital markets become less accommodating. The company generates $767.0M in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. Return on equity stands at 34.6%, which is exceptionally high for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. Return on assets of 21.8% further supports the picture of efficient asset utilization. Revenue has grown from $967.4M (2022) to $1.89B (2025), reflecting a 96% increase over the period.

With a beta above 1.5, OGC tends to amplify broader market moves — both up and down. This higher volatility means larger price swings are common. The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing OGC.

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