STOCK TITAN

OCEANAGOLD CORP - $OCANF STOCK NEWS

Welcome to our dedicated page for OCEANAGOLD news (Ticker: $OCANF), a resource for investors and traders seeking the latest updates and insights on OCEANAGOLD stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect OCEANAGOLD's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of OCEANAGOLD's position in the market.

Rhea-AI Summary

OceanaGold reported its operational and financial results for the first quarter of 2024, expecting strong production growth and free cash flow delivery. The company remains on track to meet full-year guidance with 104,800 ounces of gold and 3,000 tonnes of copper produced. AISC of $1,823 per ounce, revenue of $270.3 million, and net debt of $81.8 million were reported. Exploration results were positive, but the net loss of $5.3 million was a negative aspect.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.17%
Tags
-
Rhea-AI Summary
OceanaGold announces the pricing of an Initial Public Offering (IPO) for a 20% interest in its subsidiary, OceanaGold Philippines, Inc. The IPO aims to raise ₱6.08B (approximately US$106M), with a final offering price of ₱13.33 per share. The proceeds will be used to repay OceanaGold's bank debt. The retail offer period will run from April 29 to May 6, 2024, with listing on the Philippines Stock Exchange expected on May 13, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.15%
Tags
none
-
Rhea-AI Summary
OceanaGold (OCANF) will release its First Quarter 2024 operational and financial results on April 30th, 2024. The 2024 Annual General Meeting of Shareholders will be held on June 6th, 2024. Senior management will discuss the quarterly results in a conference call on May 1st, 2024, and the AGM will be held virtually on June 6th, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.84%
Tags
Rhea-AI Summary
OceanaGold reports positive results from exploration and resource conversion drilling at Haile and Didipio mines. The company's President & CEO, Gerard Bond, highlights the growth potential within existing mine footprints. Significant drill highlights include high-grade gold intersections at Haile and Didipio, indicating mineralization extensions at depth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.56%
Tags
none
-
Rhea-AI Summary
OceanaGold announces the filing of its Annual Information Form and updated technical reports for Haile and Macraes mines. The reports highlight growth opportunities at Haile, projecting increased gold production to 315koz in 2026 with an AISC of $1,000 per ounce. Macraes aims to extend mine life and generate strong cash flow despite the removal of Round Hill Open Pit. OceanaGold focuses on enhancing economics at Haile and exploring further potential at both mines.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.33%
Tags
none
-
Rhea-AI Summary
OceanaGold Corporation (OCANF) announces positive drill results at Wharekirauponga (WKP), New Zealand, with an indicated resource of 1.0 million ounces at a grade of 15.9 g/t gold. The company is optimistic about the new one-stop-shop fast track consenting regime in New Zealand, which could benefit the Waihi North Project.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.35%
Tags
Rhea-AI Summary
OceanaGold Corporation (OCANF) announces its Mineral Reserves and Resources statement for 2023, highlighting increased reserves at Haile and a new reserve estimate at Palomino. CEO Gerard Bond expresses optimism for the company's future growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.85%
Tags
none
-
Rhea-AI Summary
OceanaGold Corporation reported strong operational and financial results for Q4 2023 and full year 2023, achieving production targets and revenue milestones. The company's CEO highlighted improved performance across all operations, with a focus on production growth and cost efficiency. OceanaGold's 2024 outlook includes a 13% increase in gold production and a lower unit cost of gold produced, positioning the company for continued growth and value creation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.85%
Tags
-
Rhea-AI Summary
OceanaGold Corporation announces the execution of a Sale and Purchase Agreement with Tasman Mining Limited to acquire OceanaGold's interest in the Blackwater project in New Zealand. The agreement includes a cash payment of US$30 million upon closing of the transaction, subject to regulatory approval and expected to close in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.9%
Tags
none
Rhea-AI Summary
OceanaGold Corporation (OCANF) will release its operational and financial results for Q4 and year ending December 31, 2023, on February 21, 2024. A conference call/webcast to discuss the results will be held on February 22, 2024. Webcast and conference call details are available on the Company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.06%
Tags
OCEANAGOLD CORP

OTC:OCANF

OCANF Rankings

OCANF Stock Data

1.71B
704.81M
0.14%
58.67%
Gold Ore Mining
Mining, Quarrying, and Oil and Gas Extraction
Link
United States of America
Melbourne