OceanaGold Corporation

OceanaGold Corporationverified

OGC.TO

Price:

$3.37

Market Cap:

$1.77B

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.[Read more]

Industry

Gold

IPO Date

2007-10-25

Stock Exchange

TSX

Ticker

OGC.TO

The Current Ratio as of September 2024 (TTM) for OceanaGold Corporation (OGC.TO) is 1.38

According to OceanaGold Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 1.38. This represents a change of 19.18% compared to the average of 1.16 of the last 4 quarters.

OceanaGold Corporation (OGC.TO) Historical Current Ratio (quarterly & annually)

How has OGC.TO Current Ratio performed in the past?

The mean historical Current Ratio of OceanaGold Corporation over the last ten years is 1.36. The current 1.38 Current Ratio has changed 10.03% with respect to the historical average. Over the past ten years (40 quarters), OGC.TO's Current Ratio was at its highest in in the December 2015 quarter at 2.39. The Current Ratio was at its lowest in in the December 2016 quarter at 0.78.

Quarterly (TTM)
Annual

Average

1.36

Median

1.21

Minimum

0.78

Maximum

2.39

OceanaGold Corporation (OGC.TO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of OceanaGold Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 77.72%

Maximum Annual Current Ratio = 2.39

Minimum Annual Increase = -67.21%

Minimum Annual Current Ratio = 0.78

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.05-16.82%
20221.26-14.49%
20211.4727.61%
20201.158.12%
20191.07-22.76%
20181.3837.95%
20171.0027.84%
20160.78-67.21%
20152.3915.09%
20142.0877.72%

OceanaGold Corporation (OGC.TO) Average Current Ratio

How has OGC.TO Current Ratio performed in the past?

The current Current Ratio of OceanaGold Corporation (OGC.TO) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

1.26

5-year avg

1.20

10-year avg

1.36

OceanaGold Corporation (OGC.TO) Current Ratio vs. Peers

How is OGC.TO’s Current Ratio compared to its peers?

OceanaGold Corporation’s Current Ratio is greater than Torex Gold Resources Inc. (1.09), less than Wesdome Gold Mines Ltd. (1.48), less than Centerra Gold Inc. (3.79), less than Osisko Mining Inc. (41.64), less than New Gold Inc. (1.50),

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