OceanaGold Corp T.OGC

Alternate Symbol(s): OCANF

Metals & Mining Gold

OceanaGold Corporation is an intermediate gold and copper producer. It 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. It 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.

TSX:OGC - Post by User

OceanaGold Corp > New Press Release - OceanaGold Reports First Quarter 2023 Financial Results

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Comment by Esther1on May 02, 2023 6:11pm

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Post# 35426248

RE:New Press Release - OceanaGold Reports First Quarter 2023 Financial Results

I would suspect that this report will be taken by the market as marginally favourable.

Plus would be that the EPS is a slight beat even with problems at NZ operations
Also that the problems in NZ operations are addressed and in rear view mirror
Also guidance for 2023 is intact.

Negative is negative free cash flow and bit more net debt. This is mitigated by timing of sales and
changes to working capital.

My opinion is that all else equal, should be a small uptick, but who knows these days. ..

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