OceanaGold Corporation ( (OCANF) ) has released its Q3 earnings. Here is a breakdown of the information OceanaGold Corporation presented to its investors.
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OceanaGold Corporation is a mid-tier gold and copper producer operating in the mining sector, known for its commitment to safe and responsible mining practices across its four operational sites in the USA, New Zealand, and the Philippines.
In its third-quarter 2025 earnings report, OceanaGold Corporation highlighted strong financial performance and strategic advancements, remaining on track to meet its full-year production and financial guidance. The company reported a significant increase in free cash flow and a robust cash balance, with no debt by the end of the quarter.
Key financial metrics for the quarter included a record revenue of $449 million, driven by a high average realized gold price of $3,476 per ounce, and a net profit of $87 million. The company produced 103,500 ounces of gold and 3,100 tonnes of copper, with an all-in sustaining cost of $2,052 per ounce year-to-date, which is expected to decrease in the fourth quarter. OceanaGold also announced a 75% increase in its share buyback program to $175 million and declared a quarterly dividend of $0.03 per share.
Looking forward, OceanaGold’s management remains optimistic about the future, with expectations for a strong fourth quarter bolstered by higher-grade ore from its Haile and Macraes sites. The company continues to focus on organic growth opportunities and disciplined capital allocation, aiming to deliver strong returns to shareholders while advancing projects like the Waihi North Project, which is on track for permit approval by year-end.