OceanaGold Past Earnings Performance
Past criteria checks 6/6
OceanaGold has been growing earnings at an average annual rate of 63.7%, while the Metals and Mining industry saw earnings growing at 21.4% annually. Revenues have been growing at an average rate of 22.5% per year. OceanaGold's return on equity is 31.3%, and it has net margins of 33.7%.
Key information
63.71%
Earnings growth rate
64.17%
EPS growth rate
| Metals and Mining Industry Growth | 27.39% |
| Revenue growth rate | 22.55% |
| Return on equity | 31.27% |
| Net Margin | 33.70% |
| Last Earnings Update | 31 Mar 2026 |
Recent past performance updates
Recent updates
OGC: Higher Fair Value Will Rely On Ongoing High Grade Exploration
Analysts have updated their view on OceanaGold with a higher implied fair value, from about CA$34.42 to roughly CA$51.68 per share. This reflects revised assumptions for the discount rate, revenue growth, profit margin, and future P/E multiples.OceanaGold's (TSE:OGC) Earnings Are Of Questionable Quality
OceanaGold Corporation's ( TSE:OGC ) stock was strong after they recently reported robust earnings. We did some...
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.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...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...
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.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.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...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...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.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.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.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...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...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...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...
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.Revenue & Expenses Breakdown
How OceanaGold makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 26 | 2,248 | 757 | 100 | 0 |
| 31 Dec 25 | 1,893 | 629 | 74 | 0 |
| 30 Sep 25 | 1,668 | 403 | 57 | 0 |
| 30 Jun 25 | 1,565 | 376 | 61 | 0 |
| 31 Mar 25 | 1,384 | 292 | 59 | 0 |
| 31 Dec 24 | 1,294 | 187 | 64 | 0 |
| 30 Sep 24 | 1,134 | 66 | 53 | 0 |
| 30 Jun 24 | 1,003 | 1 | 59 | 0 |
| 31 Mar 24 | 1,053 | 39 | 62 | 0 |
| 31 Dec 23 | 1,026 | 83 | 64 | 0 |
| 30 Sep 23 | 997 | 143 | 68 | 0 |
| 30 Jun 23 | 997 | 142 | 63 | 0 |
| 31 Mar 23 | 926 | 93 | 59 | 0 |
| 31 Dec 22 | 967 | 133 | 52 | 0 |
| 30 Sep 22 | 938 | -4 | 57 | 0 |
| 30 Jun 22 | 928 | 47 | 70 | 0 |
| 31 Mar 22 | 882 | 59 | 74 | 0 |
| 31 Dec 21 | 745 | -4 | 80 | 0 |
| 30 Sep 21 | 704 | 96 | 83 | 0 |
| 30 Jun 21 | 598 | -46 | 80 | 0 |
| 31 Mar 21 | 511 | -108 | 82 | 0 |
| 31 Dec 20 | 500 | -150 | 84 | 0 |
| 30 Sep 20 | 484 | -145 | 85 | 0 |
| 30 Jun 20 | 520 | -71 | 82 | 0 |
| 31 Mar 20 | 610 | -24 | 73 | 0 |
| 31 Dec 19 | 651 | 15 | 65 | 0 |
| 30 Sep 19 | 682 | 17 | 55 | 0 |
| 30 Jun 19 | 736 | 60 | 49 | 0 |
| 31 Mar 19 | 755 | 90 | 49 | 0 |
| 31 Dec 18 | 773 | 122 | 48 | 0 |
| 30 Sep 18 | 835 | 200 | 48 | 0 |
| 30 Jun 18 | 793 | 200 | 44 | 0 |
| 31 Mar 18 | 759 | 180 | 46 | 0 |
| 31 Dec 17 | 724 | 172 | 45 | 0 |
| 30 Sep 17 | 626 | 126 | 42 | 0 |
| 30 Jun 17 | 631 | 135 | 45 | 0 |
| 31 Mar 17 | 629 | 149 | 46 | 0 |
| 31 Dec 16 | 629 | 136 | 49 | 0 |
| 30 Sep 16 | 625 | 117 | 51 | 0 |
| 30 Jun 16 | 584 | 93 | 49 | 0 |
| 31 Mar 16 | 540 | 52 | 41 | 0 |
| 31 Dec 15 | 508 | 53 | 37 | 0 |
| 30 Sep 15 | 507 | 68 | 34 | 0 |
Quality Earnings: OGC has high quality earnings.
Growing Profit Margin: OGC's current net profit margins (33.7%) are higher than last year (21.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: OGC has become profitable over the past 5 years, growing earnings by 63.7% per year.
Accelerating Growth: OGC's earnings growth over the past year (159%) exceeds its 5-year average (63.7% per year).
Earnings vs Industry: OGC earnings growth over the past year (159%) exceeded the Metals and Mining industry 129.4%.
Return on Equity
High ROE: OGC's Return on Equity (31.3%) is considered high.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/05 01:08 |
| End of Day Share Price | 2026/07/03 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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 33 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Richard Gray | ATB Cormark |
| Matthew Murphy | Barclays |
| Brian Quast | BMO Capital Markets Equity Research |