tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

OceanaGold Finalizes $30M Blackwater Project Sale

OceanaGold Finalizes $30M Blackwater Project Sale

OceanaGold (TSE:OGC) has released an update.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

OceanaGold Corporation has successfully completed the sale of its Blackwater project in New Zealand for $30 million in cash, with the deal also expected to result in an approximately $10 million after-tax profit for the second quarter. The company is a growing gold and copper producer, known for its safe and responsible operations, and it has a portfolio of four operating mines across the United States, the Philippines, and New Zealand.

For further insights into TSE:OGC stock, check out TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1