Education
About Us
Working with TipRanks
Follow Us
OceanaGold Corporation (TSE:OGC)
TSX:OGC
Earnings Data
Report Date
Aug 05, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.15Last Year’s EPS
0.04Same Quarter Last Year
Strong Buy
Based on 8 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:May 07, 2025
|% Change Since: 9.82%
|Next Earnings Date:Aug 05, 2025
Earnings Call Sentiment|Positive
The earnings call highlights a strong start to the year with robust financial performance, record gold prices, and strategic project advancements. Despite some operational challenges, particularly at Haile and Didipio, the company maintains a positive outlook with no debt and a strong balance sheet.Company Guidance
During OceanaGold's first quarter 2025 conference call, the company provided optimistic guidance for the year, highlighting impressive financial and operational metrics. The company reported a strong free cash flow of nearly $70 million, with a free cash flow per ounce of $585, outperforming the industry average. Over the past twelve months, OceanaGold generated $312 million in free cash flow, yielding approximately 16% on its average market capitalization. The balance sheet is robust with zero debt, and cash holdings increased by about 20% by the end of the quarter. The company maintained its full-year guidance for production, costs, and capital expenditures (CapEx). Revenue for the first quarter was $360 million, supported by a record average realized gold price of $2,858 per ounce. The EBITDA margin stood at 53%, with an operating cash flow per share of $0.28. OceanaGold remains committed to funding growth projects, maintaining a strong balance sheet, paying dividends, and continuing share repurchases. They are also on track for a significant increase in production in the fourth quarter, particularly from high-grade ore at Haile and Macraes.Strong Financial Performance
First quarter profit and free cash flow both exceeded market expectations with free cash flow of nearly $70 million and a cash balance increase by 18% to $228 million. EBITDA was $192 million with a margin of 53%.
Record Gold Prices and Production
Record average realized gold price of $2,858 per ounce, with significant free cash flow generation and no hedging, allowing full benefit from price increases.
Debt-Free and Strong Balance Sheet
Zero debt and a significant increase in cash holdings position the company well for growth and shareholder returns.
Successful Exploration and Project Advancements
Significant progress in exploration with new mineral discoveries, such as the Pisces discovery at Haile, and submission of the Fast Track application for the Waihi North project.
---
TSE:OGC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
TSE:OGC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2025 | C$5.09 | C$5.73 | +12.57% |
Feb 19, 2025 | C$4.37 | C$4.12 | -5.69% |
Nov 06, 2024 | C$3.71 | C$3.96 | +6.72% |
Jul 30, 2024 | C$3.54 | C$3.37 | -4.77% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does OceanaGold Corporation (TSE:OGC) report earnings?
OceanaGold Corporation (TSE:OGC) is schdueled to report earning on Aug 05, 2025, TBA Not Confirmed.
What is OceanaGold Corporation (TSE:OGC) earnings time?
OceanaGold Corporation (TSE:OGC) earnings time is at Aug 05, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:OGC EPS forecast?
TSE:OGC EPS forecast for the fiscal quarter 2025 (Q2) is 0.15.
---