OceanaGold (TSE:OGC – Get Free Report) announced its earnings results on Wednesday. The company reported C$1.25 EPS for the quarter, FiscalAI reports. OceanaGold had a net margin of 35.22% and a return on equity of 37.64%. The business had revenue of C$932.33 million during the quarter.
OceanaGold Trading Up 8.9%
OGC stock traded up C$2.94 during mid-day trading on Wednesday, hitting C$36.04. 1,034,481 shares of the company were exchanged, compared to its average volume of 857,684. The stock has a market capitalization of C$8.02 billion, a PE ratio of 9.56 and a beta of 2.69. OceanaGold has a 1-year low of C$29.52 and a 1-year high of C$59.20. The business has a 50 day simple moving average of C$38.90 and a 200-day simple moving average of C$41.84.
About OceanaGold
OceanaGold is a global intermediate gold and copper producer committed to safely and responsibly maximizing the generation of Free Cash Flow from our operations and delivering strong returns for our shareholders. We have a portfolio of four operating mines: the wholly-owned Haile Gold Mine in the United States of America ; the wholly-owned Macraes and Waihi operations in New Zealand ; and the 80%-owned Didipio Mine in the Philippines.
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