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Bullboard - Stock Discussion Forum OceanaGold Corp T.OGC

Alternate Symbol(s):  OCANF

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... see more

TSX:OGC - Post Discussion

OceanaGold Corp > Q1 Numbers
View:
Post by yogi33 on May 01, 2024 7:25pm

Q1 Numbers

Gotta say that was a disappointing news release. Revenue flat (thanks to selling gold in inventory), AISC rising and high. Net loss. Whats going on here
Comment by bjbear on May 02, 2024 12:18pm
Yes the re Yes, the recent numbers were not great but tne next 12 months are what counts- they are actually very good so I am buying more. Latest target prices are between $4.25 and $5.00 CAD. Rating by Globe and Mail is now 4.63 up from 4.20 three months ago. Large insider buy for 75,000 shares at $3.02 a few days ago. What's not to like?
Comment by psych01 on May 02, 2024 12:46pm
NR was horrible----what if POG had not gone up, coasting at around $2K---would this outfit still be in business?  Yes, should POG stay above $2200, yes if not unforseen catastrophes happen, etc. then OGC is going to do well. But there's no way to make this Q1 good, it was not good.  IMO
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