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 > Price target cut

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Comment by Esther1on Feb 26, 2024 10:01pm

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Post# 35900562

RE:RE:RE:Price target cut

Enough said from discussion over expenses 2023 vs 2022.

"General and Administration Annual G&A of $64.3 million for 2023 is related to corporate costs and increased by 24% from the previous year primarily due to an increase of $5.0 million in non-cash share-based compensation charges and a combination of employee cost inflation, maturing corporate functions and software cost increases."

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