Streetbeat News

OCANF

OceanaGold Corporation

http://www.oceanagold.com/

CEO

Michael Wilkes

Industry

Gold Ore Mining

Open

2.84

Mkt cap

Volume

755

High

2.85

P/E Ratio

28.50

52-wk high

3.25

Low

2.83

Div yield

0.01

52-wk low

1.54

OceanaGold Corporation welcomes New Zealand's Fast-track Approvals Act, which will expedite consents and approvals for significant infrastructure and development projects. This new process will be open for applications starting February 7, 2025.

Portfolio Pulse from

December 18, 2024 | 12:15 pm

OceanaGold Corporation has released a pre-feasibility study for its Waihi District, including the Wharekirauponga underground mine in New Zealand. The study highlights a 1.2 million ounce gold reserve, with significant economic potential and a 15-year mine life. The project has an after-tax NPV of $621 million at a $2,400 gold price and an IRR of 24%.

Portfolio Pulse from

December 11, 2024 | 10:15 pm

OceanaGold Corporation has announced positive results from its exploration and resource conversion program at Wharekirauponga, New Zealand. The company plans to release a NI 43-101 pre-feasibility study for the Waihi North Project and existing Waihi operation on December 11, 2024.

Portfolio Pulse from

November 14, 2024 | 12:15 pm

OceanaGold Corporation (OCANF) held its Q3 2024 earnings call, discussing financial performance and operations. Key participants included executives and analysts from Scotiabank and CIBC Capital Markets.

Portfolio Pulse from

November 09, 2024 | 2:00 pm

OceanaGold Corporation has released its third quarter 2024 operating and financial results, with details available on their website.

Portfolio Pulse from

November 06, 2024 | 10:15 pm

Gold prices reached a new all-time high of over $2,220 an ounce, marking the best monthly performance since July 2020 with an 8.5% increase in March 2024. This surge, driven by anticipation of interest rate cuts and increased central bank purchases, significantly boosted gold mining stocks. The VanEck Gold Miners ETF (GDX) saw a 20% increase, its best since November 2020. Top performers included Equinox Gold Corp. (EQX), Coeur Mining, Inc. (CDE), and others, with notable gains also in the VanEck Junior Gold Miners ETF (GDXJ) portfolio.

Portfolio Pulse from Piero Cingari

March 28, 2024 | 8:12 pm

Gold prices surged past $2,160 per troy ounce, leading to an 8-session gain streak and outperforming AI-driven semiconductor stocks like NVIDIA Corp. (NVDA) and the iShares Semiconductor ETF (SOXX). The VanEck Gold Miners ETF (GDX) saw a 15% increase since late February, with inflows of over $350 million. Gold miners' attractive valuations and technical signals suggest a potential bull market. Top performing mining stocks include Genesis Minerals Limited (GSISF), Torex Gold Resources Inc. (TORXF), Coeur Mining, Inc. (CDE), OceanaGold Corporation (OCANF), AngloGold Ashanti plc (AU), DRDGOLD Limited (DRD), and Perseus Mining Limited (PMNXF).

Portfolio Pulse from Piero Cingari

March 07, 2024 | 9:30 pm

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