OceanaGold Corporation (OGC) is a publicly traded company in the Basic Materials — Gold industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
OceanaGold Corporation is a gold and copper producer with operations in the United States, the Philippines, and New Zealand. The company explores for gold, copper, and silver deposits. Its portfolio includes the Haile Gold Mine in the United States, the Didipio Mine in the Philippines, and the Macraes and Waihi operations in New Zealand.
Is OceanaGold Corporation stock overvalued or undervalued in 2026?
As of October 2, 2026, OceanaGold Corporation (OGC) trades at 6.9× earnings (P/E), against a median of 19.4× across the 146 materials companies above $2bn in Kaplio's universe. No valuation verdict: it is a cyclical and today's P/E (6.9) does not tell whether it is cheap.
Kaplio overview: OceanaGold Corporation
Market cap $6B · 52 weeks $21 – $43 (37 % below the high) · P/E 6.9× · 2027 expected P/E 7.2× · Dividend 1.1 % · Next earnings November 4, 2026 · expected EPS $1.00 · Price as of Oct 2 · accounts published Aug 5.
- Valuation: P/E 6.9× (no verdict).
- Business: ROIC 26 % (solid).
- Balance sheet: Net debt/EBITDA −0.4× (solid).
- Earnings: 4 of 8 (uneven).
What would it be worth at its usual multiples?
No valuation verdict: it is a cyclical and today's P/E (6.9) does not tell whether it is cheap.
In cyclicals the P/E misleads: today's earnings are not the normal ones.
What matters in materials: 5 of 7 pass
- Capex / D&A 1.8×, fails.
- P/B across cycles 2.3×, fails.
- FCF yield 8.3 %, passes, near the threshold.
- Gross margin 46.4 %, passes.
- Net debt / EBITDA (trough) −0.4×, passes.
- Dividend coverage 19.5×, passes.
- Altman Z-Score 6.4, passes.
Against its peers (same industry, similar size) — OceanaGold Corporation: P/E 6.9×; EV/EBITDA 3.4×; ROIC 26.3 %; $5.9B. OR Royalties Inc. (P/E 22.6×; EV/EBITDA 15.7×; ROIC 14.2 %; $6.4B), Aura Minerals (P/E 22.8×; EV/EBITDA 27.7×; ROIC -58.7 %; $6.6B), SSR Mining Inc. (P/E 25.7×; EV/EBITDA 7.5×; ROIC —; $7.0B).
Dividend
tight · Yield 1.13 % ($0.12 per ADS in 2025) · Free cash flow coverage 19.6× · With $1,000 invested today you'd collect $11.30 a year ($0.94 a month).
Profitability
| Return on Equity | 37.52% |
| Return on Invested Capital | 26.34% |
| Return on Assets | 24.01% |
| Gross Margin | 51.47% |
| Operating Margin | 45.58% |
| Net Margin | 35.18% |
Financial Health
| Debt / Equity | 0.02 |
| Current Ratio | 1.63 |
| Piotroski F-Score | 7 |
| Altman Z-Score | 6.36 |
Price Performance
| 1 month | -12.97% |
| 3 months | +9.77% |
| Year-to-date | -5.87% |
| 1 year | +15.27% |
| 3 years | +385.25% |
| 5 years | +407.43% |
Dividend History
Paid in the last 12 months: $0.3000 per share in 4 payments.
| Date | Amount |
|---|---|
| 2026-08-19 | $0.0900 |
| 2026-05-20 | $0.0900 |
| 2026-03-04 | $0.0900 |
| 2025-11-19 | $0.0300 |
| 2025-08-20 | $0.0300 |
| 2025-05-21 | $0.0100 |
| 2025-03-05 | $0.0100 |
| 2024-08-29 | $0.0100 |
| 2024-03-06 | $0.0100 |
| 2023-08-24 | $0.0100 |
Amounts adjusted for stock splits.
Explore sector: Basic Materials · Gold
More sections of OGC: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
Discover more: Weekly Radar: the S&P 500 through the Buffett and Lynch methods · Investment Academy — learn to analyze stocks