OceanaGold Corp
TSX:OGC
OceanaGold Corp
OceanaGold Corp. is an intermediate gold and copper producer. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2007-06-19. The company has a portfolio of four operating mines: the Haile Gold Mine in the United States of America; Didipio Mine in the Philippines; and the Macraes and Waihi operations in New Zealand. The gold, copper, and silver it produces are essential to the renewable energy and transport sectors, life-saving medical devices and technology which connects communities around the world. The Didipio gold and copper mine is in Luzon, Philippines. The company produces gold and silver as dore bars and copper in concentrate. The Macraes Operation on the South Island of New Zealand is an active gold producing mine. The operation includes a large-scale surface mine, an underground mine, and an adjacent process plant inclusive of an autoclave for pressure oxidation of the ore. Its Waihi Operation in the North Island of New Zealand is an underground operation. The Haile Gold Mine, located in Kershaw, South Carolina, is a gold mine on the East Coast.
Record Revenue: OceanaGold posted a record quarterly revenue of $449 million in Q3 2025, driven by a record average realized gold price of just under $3,500 per ounce.
Strong Free Cash Flow: The company generated $94 million in free cash flow for the quarter, exceeding expectations, and increased its cash balance to $335 million while maintaining 0 debt.
Shareholder Returns: OceanaGold completed $100 million of share buybacks year-to-date at an average price of CAD 19.64 per share and announced a 75% increase in the 2025 buyback program, raising it to $175 million.
Guidance On Track: Management reaffirmed confidence in meeting full-year 2025 production and cost guidance, expecting the fourth quarter to be the strongest of the year.
Growth Projects: Early works at Waihi North are progressing, with fast-track permit approval expected by year-end and plans to start development in 2026.
NYSE Listing Planned: The company plans to pursue a listing on the New York Stock Exchange in April 2026 to enhance liquidity and reach more investors.
