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Oceanagold Corp

www: www.oceanagold.com   email: info@oceanagold.com
Category: Mid-tier Producer
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Symbol Data

Symbol Currency
TSE:OGC CAD
OTCMKTS:OCANF USD

Description

Oceanagold Corp are a gold focused mid-tier producer with four producing mines in New Zealand, Philippines and USA. Currently they produce roughly 500koz. of gold per year. They have approximately 10Moz. of gold in the reserves and resources category of which 8Moz. are in the measured and indicated category. They have a market capitalisation of ~$2199.38M which is a rise of roughly 38% over the last four months. As of 06/11/2024 they have ~$160M debt and ~$81M cash. They have 711M shares outstanding and trade on the Toronto Stock Exchange and the over-the-counter markets.

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General Details

Financial 06/11/2024
Last
Analysis
Data
Current Data
Change
Item Value Value Updated Value
MCap (FD): $1,598.49M $2,199.38M 06/11/2024 $600.88M
Total Assets: $2,338.00M $2,338.00M 06/11/2024 $0.00M
Total Liabilities: $704.00M $704.00M 06/11/2024 $0.00M
Current Assets: $271.00M $271.00M 06/11/2024 $0.00M
Current Liabilities: $194.00M $194.00M 06/11/2024 $0.00M
Total Debt: $160.00M $160.00M 06/11/2024 $0.00M
Cash: $81.00M $81.00M 06/11/2024 $0.00M
Enterprise Value: $1,677.49M $2,278.38M 03/13/2042 $600.88M
Cash Flow: $250.70M $441.45M never $190.75M
Cash Flow Multiple: 6.38 4.98 never -1.39
Net Debt to
Cash Flow Ratio:		 0.32 0.18 never -0.14
Finance within 1 year: 06/11/2024 n/a
Misc 06/11/2024
Last
Analysis
Data
Current Data
Change
Item Value Value Updated Value
Shares Outstanding: 711,000,000 711,000,000 06/11/2024 0
Shares (FD): 719,000,000 719,000,000 06/11/2024 0
Insider Ownership: n/a n/a never n/a
Dividend (Annual): n/a n/a never n/a
Company Type: Mostly Gold Mostly Gold never n/a
Production ETA: n/a n/a 06/11/2024 n/a
Production (Gold Eq Oz.): (guess) 
500,000		 (guess) 
500,000		 06/11/2024 0
Production (Silver Eq Oz.): (guess) 
39,556,549		 (guess) 
40,013,177		 06/11/2024 456,629
Initial CapEx (Outstanding): n/a n/a 06/11/2024 n/a
Funding Option: n/a n/a 06/11/2024 n/a
Documentation: none PRODUCER 07/30/2024 n/a
Future MCap Modifier: 0.2
Producer: Growth Potential
 0.2
Producer: Growth Potential
 04/24/2023 0
Cash Flow Multiplier: 10 10 06/11/2024 0.00

Resource Data

GOLD 06/11/2024
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
O
U
N
C
E
S		 T
O
T
A
L
 Proven & Probable: 5.00M 5.00M 06/11/2024 0.00M
Measured & Indicated: 8.00M 8.00M 06/11/2024 0.00M
Inferred: 2.00M 2.00M 06/11/2024 0.00M
Reserves & Resources: 10.00M 10.00M never 0.00M
P
L
A
U
S
I
B
L
E		 Proven & Probable: 4.25M 4.25M 06/11/2024 0.00M
Measured & Indicated: 6.29M 6.29M 06/11/2024 0.00M
Inferred: 0.85M 0.85M 06/11/2024 0.00M
Reserves & Resources: 7.14M 7.14M never 0.00M
C
U
R
R
E
N
T		 Annual Production: (guess) 
500,000oz.		 (guess) 
500,000oz.		 06/11/2024 0oz.
Cash Cost: $1,250 $1,250 06/11/2024 $0.00
Extra Operating Cost: $550 $600 07/30/2024 $50.00
Total: $1,800 $1,850 07/30/2024 $50.00
Margin (Free Cash Flow): $501 (22%) $883 (32%) $381.50
G
R
A
D
E		 Underground (Avg): 4.00 g/t 4.00 g/t 06/11/2024 n/a
Open Pit (Avg): n/a 1.00 g/t 03/24/2024 1.00 g/t
Recovery Rate: (CG)  85.00% (CG)  85.00% 07/30/2024 0.00%
F
U
T
U
R
E		 Proven & Probable: 8.00M 8.00M 06/11/2024 0.00M
Annual Production: 550,000oz. 550,000oz. 06/11/2024 0oz.
Cash Cost: $1,200 $1,200 06/11/2024 $0
Extra Operating Cost: $550 $600 07/30/2024 $50
SILVER 06/11/2024
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
O
U
N
C
E
S		 T
O
T
A
L
 Proven & Probable: n/a n/a 06/11/2024 0.00M
Measured & Indicated: n/a n/a 06/11/2024 0.00M
Inferred: n/a n/a 06/11/2024 0.00M
Reserves & Resources: n/a n/a never 0.00M
P
L
A
U
S
I
B
L
E		 Proven & Probable: n/a n/a 06/11/2024 0.00M
Measured & Indicated: n/a n/a 06/11/2024 0.00M
Inferred: n/a n/a 06/11/2024 0.00M
Reserves & Resources: n/a n/a never 0.00M
C
U
R
R
E
N
T		 Annual Production: n/a n/a 0oz.
Cash Cost: n/a n/a 06/11/2024 $0.00
Extra Operating Cost: n/a n/a 06/11/2024 $0.00
Total: n/a n/a 06/11/2024 $0.00
Margin (Free Cash Flow): n/a $0.00
G
R
A
D
E		 Underground (Avg): n/a n/a 06/11/2024 n/a
Open Pit (Avg): n/a n/a 06/14/2023 n/a
Recovery Rate: n/a n/a 06/11/2024 0.00%
F
U
T
U
R
E		 Proven & Probable: n/a n/a 06/11/2024 0.00M
Annual Production: n/a n/a 06/11/2024 n/a
Cash Cost: n/a n/a 06/11/2024 n/a
Extra Operating Cost: n/a n/a 06/11/2024 n/a

Property

Last Analysis Data  (06/11/2024)
Stage Name Owned Au Ag Cu Notes
Prod Macraes 100% show
Producing mine.
Prod Waihi 100% show
50K oz a year. Small mine.
Prod Didipio 80% show
Producing open pit.
Prod Haile 100% show
Close to getting final permit and financing. Construction should begin in 2015.
Total Land Package Size (ha): 4,500  
Current Data
Stage Name Owned Au Ag Cu Notes
Prod Macraes 100% show
Producing mine.
Prod Waihi 100% show
50K oz a year. Small mine.
Prod Didipio 80% show
Producing open pit.
Prod Haile 100% show
Close to getting final permit and financing. Construction should begin in 2015.
Total Land Package Size (ha): 4,500  

Profitability (by resource)

Proven &
Probable		 06/11/2024
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 5.00M 5.00M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 4.57M
P

L

A

U

S

I

B

L

E		 Gold Eq. Oz.: 4.25M 4.25M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 3.88M
Maximum Profit (Gold): $2,130.95M $3,752.33M n/a $1,621.38M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $2,130.95M $3,752.33M n/a $1,621.38M
Max Profit / Current MCap: 1.333 1.706 n/a 0.373
Max Profit Per Share (Gold): $2.96 $5.22 n/a $2.26
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $2.96 $5.22 n/a $2.26
Total Free Profit Per Share: $0.00 $0.99 n/a $0.99
FD MCap / Gold Eq.: $376.12 $517.50 n/a $141.38
FD MCap / Silver Eq.: $4.75 $6.47 n/a $1.71
FD MCap / Per Metal
as % Spot Price:		 16.34% 18.94% n/a 2.59%
Measured &
Indicated		 06/11/2024
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 8.00M 8.00M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 7.31M
P

L

A

U

S

I

B

L

E		 Gold Eq. Oz.: 6.29M 6.29M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 5.74M
Maximum Profit (Gold): $3,153.81M $5,553.44M n/a $2,399.64M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $3,153.81M $5,553.44M n/a $2,399.64M
Max Profit / Current MCap: 1.973 2.525 n/a 0.552
Max Profit Per Share (Gold): $4.39 $7.72 n/a $3.34
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $4.39 $7.72 n/a $3.34
Total Free Profit Per Share: $1.33 $3.49 n/a $2.17
FD MCap / Gold Eq.: $254.13 $349.66 n/a $95.53
FD MCap / Silver Eq.: $3.21 $4.37 n/a $1.16
FD MCap / Per Metal
as % Spot Price:		 11.04% 12.79% n/a 1.75%

Reserves &
Resources		 06/11/2024
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 10.00M 10.00M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 9.13M
P

L

A

U

S

I

B

L

E		 Gold Eq. Oz.: 7.14M 7.14M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 6.52M
Maximum Profit (Gold): $3,580.00M $6,303.91M n/a $2,723.91M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $3,580.00M $6,303.91M n/a $2,723.91M
Max Profit / Current MCap: 2.240 2.866 n/a 0.627
Max Profit Per Share (Gold): $4.98 $8.77 n/a $3.79
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $4.98 $8.77 n/a $3.79
Total Free Profit Per Share: $1.92 $4.54 n/a $2.62
FD MCap / Gold Eq.: $223.88 $308.04 n/a $84.16
FD MCap / Silver Eq.: $2.83 $3.85 n/a $1.02
FD MCap / Per Metal
as % Spot Price:		 9.73% 11.27% n/a 1.54%

Future Valuation (Cash Flow & Totals)

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