OCEANAGOLD CORPORATION chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 1.33
Dividend & YieldN/AC$ (N/A)
Beta N/A
Market capitalization 1.44B
Operating cash flow 377.5M
ESG Scores unknown

Company description

OceanaGold Corporation, a gold producer, engages in the exploration, development, and operation of mineral properties. It explores for gold, copper, and silver deposits. The company operates the Didipio gold-copper mine located in the Nueva Vizcaya and Quirino provinces on the island of Luzon in the Philippines; the Macraes goldfield mine on the South Island of New Zealand and the Waihi gold mine on the North Island of New Zealand; and the Haile gold mine located in South Carolina, the United States. OceanaGold Corporation was founded in 2003 and is based in South Brisbane, Australia.

Sector: Basic Materials - Industry: Gold

Financial Ratios
Quick Ratio0.84
Working Capital-0.04
Return On Equity-0
Debt To Equity0.16
Fixed Asset Ratio0.26
Fixed Interest Cover-1.43

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 3.4M 9.3M 70.3M -63.7M
Total Cashflows From Investing Activities -229M -239.7M -225.8M -315.8M
Net Borrowings -63.9M -15.4M 37M 25.1M
Total Cash From Financing Activities -79.3M -21M 159.5M 25.1M
Change To Operating Activities 1.6M 1.6M 3.1M 300k
Issuance Of Stock 3.2M 700k 122.5M
Net Income 121.7M 14.5M -150.4M -3.7M
Change In Cash 34.5M -58.7M 130M -46M
Effect Of Exchange Rate -3.4M -2.3M -2.5M -16.7M
Total Cash From Operating Activities 346.2M 204.3M 198.8M 261.4M
Depreciation 193.5M 177.2M 268.3M 351.3M
Change To Account Receivables 9.2M 15.7M -19.9M -19.9M
Other Cashflows From Financing Activities
Change To Netincome 34.8M 15.7M 22.6M -13.1M
Capital Expenditures -223.9M -242.4M -253.7M -324.7M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 155.8M 11.3M -134.8M -33.1M
Net Income 121.7M 14.5M -150.4M -3.7M
Selling General Administrative 47.9M 65.1M 84.2M 79.9M
Gross Profit 417M 290.6M 226.5M 420.5M
Ebit 161.9M 36.4M -129.4M -16.7M
Operating Income 161.9M 36.4M -129.4M -16.7M
Interest Expense -15.8M -14.1M -11.4M -11.7M
Income Tax Expense 34.1M -3.2M 15.6M -29.4M
Total Revenue 772.5M 651.2M 500.1M 744.7M
Cost Of Revenue 355.5M 360.6M 273.6M 324.2M
Total Other Income ExpenseNet -6.1M -25.1M -5.4M -16.4M
Net Income From Continuing Ops 121.7M 14.5M -150.4M -3.7M
Net Income Applicable To Common Shares 121.7M 14.5M -150.4M -3.7M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 458.3M 508.1M 688.4M 710M
Total Stockholder Equity 1.57B 1.56B 1.56B 1.55B
Other Current Liabilities 45.7M 43.7M 94.3M 13.9M
Total Assets 2.02B 2.07B 2.25B 2.26B
Common Stock 1.1B 1.11B 1.23B 1.23B
Other Current Assets 600k
Retained Earnings 382.8M 391M 240.6M 236.9M
Treasury Stock 34.7M 17M 38.4M 17.3M
Cash 107.7M 49M 179M 133M
Total Current Liabilities 182.7M 202.4M 266.3M 202.3M
Other Stockholder Equity 34.7M 17M 38.4M 17.3M
Property, Plant, and Equipment 1.4B 1.52B 1.61B 1.62B
Total Current Assets 252.3M 215.9M 307.1M 297.7M
Net Tangible Assets 1.57B 1.56B 1.56B 1.55B
Net Receivables 21M 6.9M 7.5M 24.1M
Accounts Payable 115.7M 120.5M 132.5M 143.2M


Insider Transactions

Here are the insider transactions of stock shares related to OCEANAGOLD CORPORATION:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Sharpe (Peter John)D2022-10-17Senior Officer of Issuer
Pangbourne (Alan Nigel)D2022-10-01Director of Issuer
Pangbourne (Alan Nigel)I2022-10-01Director of Issuer
Bond (Gerard Michael)I2022-08-08Deemed Insider - 6 Months before becoming Insider20k
Bond (Gerard Michael)I2022-08-08Deemed Insider - 6 Months before becoming Insider15k
Bond (Gerard Michael)I2022-08-08Deemed Insider - 6 Months before becoming Insider15k
Benson (Paul Garrett)Acquisition or disposition in the public market at price 1.81 per share.D2022-08-05Director of Issuer42.5k
Bond (Gerard Michael)I2022-06-15Deemed Insider - 6 Months before becoming Insider6.3k
Bond (Gerard Michael)I2022-06-15Deemed Insider - 6 Months before becoming Insider4.5k
Bond (Gerard Michael)I2022-06-15Deemed Insider - 6 Months before becoming Insider6.3k
Bond (Gerard Michael)I2022-06-14Deemed Insider - 6 Months before becoming Insider14k
Nelsen (Craig Joseph)Acquisition or disposition in the public market at price 2.18 per share.D2022-06-13Director of Issuer10.4k
Bond (Gerard Michael)I2022-06-11Deemed Insider - 6 Months before becoming Insider3.4k
Bond (Gerard Michael)I2022-06-11Deemed Insider - 6 Months before becoming Insider5.5k
Nelsen (Craig Joseph)Acquisition or disposition in the public market at price 2.22 per share.D2022-06-10Director of Issuer32.6k
Bond (Gerard Michael)I2022-06-08Deemed Insider - 6 Months before becoming Insider5k
Bond (Gerard Michael)I2022-06-08Deemed Insider - 6 Months before becoming Insider5k
Bond (Gerard Michael)I2022-06-03Deemed Insider - 6 Months before becoming Insider5.09k
Bond (Gerard Michael)I2022-06-02Deemed Insider - 6 Months before becoming Insider4.79k
Bond (Gerard Michael)I2022-06-01Deemed Insider - 6 Months before becoming Insider1.12k
Bond (Gerard Michael)I2022-05-31Deemed Insider - 6 Months before becoming Insider6k
Bond (Gerard Michael)I2022-05-28Deemed Insider - 6 Months before becoming Insider4.49k
Bond (Gerard Michael)I2022-05-28Deemed Insider - 6 Months before becoming Insider5k
Bond (Gerard Michael)I2022-05-27Deemed Insider - 6 Months before becoming Insider3.25k
Bond (Gerard Michael)I2022-05-27Deemed Insider - 6 Months before becoming Insider5.26k
Bond (Gerard Michael)I2022-05-26Deemed Insider - 6 Months before becoming Insider15k
Bond (Gerard Michael)I2022-02-11Deemed Insider - 6 Months before becoming Insider

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to OCEANAGOLD CORPORATION. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on OCEANAGOLD CORPORATION

Here is the result of two systematic investment strategies applied to OCEANAGOLD CORPORATION. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on OCEANAGOLD CORPORATION

The following chart shows the equity curve of the two systematic investment strategies applied to OCEANAGOLD CORPORATION:

OCEANAGOLD CORPORATION automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 11.77% on the backtest period.

Performance at glance

Performance

11.77 %

Latent gain

176.33 C$

Invested capital

1498.42 C$

Annualized return

2.84 %
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Momentum strategy results on OCEANAGOLD CORPORATION

This is the result of two momentum investment strategies applied to OCEANAGOLD CORPORATION. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on OCEANAGOLD CORPORATION

The following chart shows all the entries opened by the momentum investment system on OCEANAGOLD CORPORATION:

OCEANAGOLD CORPORATION momentum entries
  • The first momentum investment strategy would give 10.3% of return on OCEANAGOLD CORPORATION. That represents 411.74C$ of latent gain with 3999.26C$ of employed capital.
  • The second momentum investment strategy would give 1.57% of return on OCEANAGOLD CORPORATION. That represents 66.79C$ of latent gain with 4253.46C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

10.3 %

Latent gain

411.74 C$

Invested capital

3999.26 C$

Annualized return

13.06 %
Performance at glance (2Q Momentum)

Performance

1.57 %

Latent gain

66.79 C$

Invested capital

4253.46 C$

Annualized return

0.43 %

Momentum equity curve on OCEANAGOLD CORPORATION

The following chart shows the equity curve of the two momentum strategies applied to OCEANAGOLD CORPORATION:

OCEANAGOLD CORPORATION momentum equity

Note: the dividends potentially given by OCEANAGOLD CORPORATION are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on OCEANAGOLD CORPORATION

The following chart shows the employed capital evolution of the two momentum strategies on OCEANAGOLD CORPORATION since the beginning:

OCEANAGOLD CORPORATION

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250C$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000C$.


Buy the dip strategy result on OCEANAGOLD CORPORATION

Buy the dip entry openings on OCEANAGOLD CORPORATION

OCEANAGOLD CORPORATION

The performance achieved by the robo-advisor on OCEANAGOLD CORPORATION is 27.95%. That represents 419.92$ of latent gain with 1502.33C$ of employed capital. The following chart shows OCEANAGOLD CORPORATION stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of OCEANAGOLD CORPORATION, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

27.95 %

Latent gain

419.92 C$

Invested capital

1502.33 C$

Annualized return

13.06 %

Equity curve of the strategy applied to OCEANAGOLD CORPORATION

The following chart shows the result of the investment strategy applied to OCEANAGOLD CORPORATION:

OCEANAGOLD CORPORATION

Note: the dividends potentially given by OCEANAGOLD CORPORATION are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on OCEANAGOLD CORPORATION

The following chart shows the employed capital evolution since the beginning of the investment strategy on OCEANAGOLD CORPORATION:

OCEANAGOLD CORPORATION

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on OCEANAGOLD CORPORATION

In this section, I will compare the three previous investment strategies applied to OCEANAGOLD CORPORATION.

Equity curve comparison on OCEANAGOLD CORPORATION

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

OCEANAGOLD CORPORATION investment strategy comparison

Employed capital comparison on OCEANAGOLD CORPORATION

OCEANAGOLD CORPORATION investment comparison

Performance comparison on OCEANAGOLD CORPORATION

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 11.77% 176.33C$ 1498.42C$ 2.84%
Momentum 1 quarter 10.3% 411.74C$ 3999.26C$ 2.64%
Momentum 2 quarters 1.57% 66.79C$ 4253.46C$ 0.43%
Non-directional 27.95% 419.92C$ 1502.33C$ 13.06%
Annualized return comparison

Automatic investment

2.84 %

Momentum 1Q

0.43 %

Momentum 2Q

0.43 %

Non-directional

13.06 %

Correlated stocks

Here are the most positively and negatively correlated stocks with OCEANAGOLD CORPORATION:

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months


Note: The algorithm computes the probability of correlation between OCEANAGOLD CORPORATION and the other stocks. There may be false positives or some missing correlated stocks. If the price of OCEANAGOLD CORPORATION does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name OCEANAGOLD CORPORATION
Country Australia
City South Brisbane
Address 99 Melbourne Street
Phone 61 3 9656 5300
Website oceanagold.com
FullTime employees
Industry Gold
Sector Basic Materials
Exchange XTSE
Ticker OGC.XTSE
Market

OCEANAGOLD CORPORATION ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown