OceanaGold Corporation

TSX:OGC Stock Report

Market Cap: CA$9.8b

OceanaGold Management

Management criteria checks 4/4

OceanaGold's CEO is Gerard Bond, appointed in Apr 2022, has a tenure of 4.08 years. total yearly compensation is $4.03M, comprised of 16.8% salary and 83.2% bonuses, including company stock and options. directly owns 0.18% of the company’s shares, worth CA$17.51M. The average tenure of the management team and the board of directors is 3.1 years and 4.5 years respectively.

Key information

Gerard Bond

Chief executive officer

US$4.0m

Total compensation

CEO salary percentage16.85%
CEO tenure4.1yrs
CEO ownership0.2%
Management average tenure3.1yrs
Board average tenure4.5yrs

Recent management updates

Recent updates

New Narrative May 10

OceanaGold: Potential Upside with High Costs and Mid-Tier Status

OceanaGold (OGC) – Investment Memorandum Recommendation: BUY (High Beta Gold Exposure) Target Price: $3.8–4.5/share Upside: +20–30% 1. Investment Thesis OceanaGold represents a deep-value mid-tier gold producer trading at a discount to peers due to its elevated cost profile and mixed jurisdiction exposure.
Analysis Article Feb 16

If EPS Growth Is Important To You, OceanaGold (TSE:OGC) Presents An Opportunity

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Jan 23

OceanaGold Corporation's (TSE:OGC) Shares Bounce 26% But Its Business Still Trails The Industry

Despite an already strong run, OceanaGold Corporation ( TSE:OGC ) shares have been powering on, with a gain of 26% in...
Narrative Update Nov 11

OGC: Higher Gold Price Forecasts Will Drive Upside Momentum Into 2026

OceanaGold's analyst price target increased from C$36.83 to C$40.31, as analysts highlighted stronger gold and silver price forecasts and recent sector performance to support a more optimistic outlook. Analyst Commentary Recent updates from street research highlight shifting expectations for OceanaGold, with increased price targets and improved ratings reflecting stronger fundamentals and sector momentum.
Narrative Update Oct 18

Continued Exploration Will Boost Gold Production At Haile And Macraes

Analysts have increased their price target for OceanaGold from approximately C$31 to C$37, citing stronger gold price forecasts along with improved outlooks for revenue growth and profit margins. Analyst Commentary Recent analyst reports highlight notable optimism about OceanaGold's trajectory amid improved industry dynamics.
Analysis Article Oct 16

OceanaGold Corporation's (TSE:OGC) Share Price Boosted 27% But Its Business Prospects Need A Lift Too

Despite an already strong run, OceanaGold Corporation ( TSE:OGC ) shares have been powering on, with a gain of 27% in...
Analysis Article Oct 08

Here's Why OceanaGold (TSE:OGC) Has Caught The Eye Of Investors

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Narrative Update Oct 04

Continued Exploration Will Boost Gold Production At Haile And Macraes

OceanaGold’s analyst price target has been raised significantly from C$28.32 to C$30.85. Analysts cite improved revenue growth expectations and higher profit margins as key factors supporting this upward revision.
Narrative Update Sep 11

Continued Exploration Will Boost Gold Production At Haile And Macraes

OceanaGold’s analyst price targets have increased—reflecting a favorable outlook driven by share consolidation, stronger precious metals trends, improved operational execution, and updated guidance—raising consensus fair value from CA$26.99 to CA$28.32. Analyst Commentary Bullish analysts cite the recent 3-for-1 share consolidation as a catalyst for increased price targets and improved valuation.
Narrative Update Aug 27

Sustained Gold Demand And Favorable Jurisdictions Will Empower Expansion

OceanaGold's Future P/E ratio rose significantly from 6.59x to 9.25x while its Net Profit Margin held steady, resulting in the consensus analyst price target edging up slightly from CA$26.69 to CA$26.99. What's in the News OceanaGold declared a $0.03 per share dividend payable in September 2025 to shareholders of record as of August 20, 2025.
Analysis Article Aug 17

OceanaGold Corporation (TSE:OGC) Held Back By Insufficient Growth Even After Shares Climb 26%

TSX:OGC 1 Year Share Price vs Fair Value Explore OceanaGold's Fair Values from the Community and select yours Despite...
Analysis Article Aug 09

Revenue Beat: OceanaGold Corporation Exceeded Revenue Forecasts By 13% And Analysts Are Updating Their Estimates

TSX:OGC 1 Year Share Price vs Fair Value Explore OceanaGold's Fair Values from the Community and select yours...
Analysis Article Aug 03

The Return Trends At OceanaGold (TSE:OGC) Look Promising

What trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...
Analysis Article Jul 10

Here's Why We Think OceanaGold (TSE:OGC) Might Deserve Your Attention Today

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Jun 01

Is OceanaGold Corporation (TSE:OGC) Trading At A 37% Discount?

Key Insights The projected fair value for OceanaGold is CA$9.65 based on 2 Stage Free Cash Flow to Equity Current share...
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New Narrative Feb 23

Renewed Exploration Efforts At Haile And Wharekirauponga Will Extend Mine Life

Strategic reinvestment in reducing debt and exploration aims to enhance financial flexibility, potentially boosting net margins and shareholder returns.

CEO Compensation Analysis

How has Gerard Bond's remuneration changed compared to OceanaGold's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

US$757m

Dec 31 2025n/an/a

US$629m

Sep 30 2025n/an/a

US$403m

Jun 30 2025n/an/a

US$376m

Mar 31 2025n/an/a

US$292m

Dec 31 2024US$4mUS$680k

US$187m

Sep 30 2024n/an/a

US$66m

Jun 30 2024n/an/a

US$1m

Mar 31 2024n/an/a

US$39m

Dec 31 2023US$3mUS$652k

US$83m

Sep 30 2023n/an/a

US$143m

Jun 30 2023n/an/a

US$142m

Mar 31 2023n/an/a

US$93m

Dec 31 2022US$4mUS$468k

US$133m

Compensation vs Market: Gerard's total compensation ($USD4.03M) is about average for companies of similar size in the Canadian market ($USD4.03M).

Compensation vs Earnings: Gerard's compensation has been consistent with company performance over the past year.


CEO

Gerard Bond (57 yo)

4.1yrs
Tenure
US$4,033,476
Compensation

Mr. Gerard Michael Bond, B.Com, C.A., serves as Chief Executive Officer, President and Director at OceanaGold Corporation since April 4, 2022. He has extensive experience in global finance and the resource...


Leadership Team

NamePositionTenureCompensationOwnership
Gerard Bond
CEO, President & Director4.1yrsUS$4.03m0.18%
CA$ 17.5m
Marius van Niekerk
Executive VP & CFO3yrsUS$1.64m0.031%
CA$ 3.0m
Michelle Edelson
Executive VP and Chief People & Technology Officer3.2yrsUS$1.40m0.030%
CA$ 2.9m
Bhuvanesh Malhotra
Executive VP & COOless than a yearno data0.013%
CA$ 1.3m
Brian Martin
Senior Vice President of Business Development & Investor Relations3.8yrsno data0.022%
CA$ 2.2m
Liang Tang
Executive VP13.3yrsUS$1.32m0%
CA$ 0
Jonathan Moore
Chief Geologist & Head of Resource Developmentno datano datano data
David Carr
Chief Metallurgistno datano datano data
Keenan Jennings
Executive VP & Chief Exploration Officerless than a yearno data0.0012%
CA$ 116.2k
David Bickerton
Executive VP & Chief Sustainability Officerless than a yearno data0.030%
CA$ 2.9m
Rebecca Henare
Vice President of Investor Relationsno datano datano data
Haley Mayers
Vice President of Investor Relationsno datano datano data
3.1yrs
Average Tenure
50yo
Average Age

Experienced Management: OGC's management team is considered experienced (3.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Gerard Bond
CEO, President & Director4.1yrsUS$4.03m0.18%
CA$ 17.5m
Craig Nelsen
Independent Non-Executive Director7.3yrsUS$201.08k0.013%
CA$ 1.2m
Sandra Dodds
Independent Non-Executive Director5.5yrsUS$215.03k0.0022%
CA$ 217.8k
Ian Reid
Independent Non-Executive Director8.1yrsUS$193.80k0.037%
CA$ 3.6m
Paul Benson
Independent Non-Executive Chairman5yrsUS$282.08k0.020%
CA$ 2.0m
Stefanie Loader
Independent Non-Executive Director1.3yrsno datano data
Alan Pangbourne
Independent Non-Executive Director3.6yrsUS$194.57k0.0010%
CA$ 98.7k
Linda Broughton
Independent Non Executive Director3.1yrsUS$177.19kno data
4.5yrs
Average Tenure
62yo
Average Age

Experienced Board: OGC's board of directors are considered experienced (4.5 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/11 10:42
End of Day Share Price 2026/05/11 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

OceanaGold Corporation is covered by 32 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Richard GrayATB Cormark
Richard GrayATB Cormark Historical (Cormark Securities)
Matthew MurphyBarclays