Analyst RatingAnalyst rates OceanaGold shares Outperform, believing shares have the potential to re-rate closer to peer averages as the company executes on ramping up underground operations at Didipio, optimizing Haile and its New Zealand operations, and growing its resource base.
Exploration BudgetOGC looks to build on this success, budgeting $40M for exploration across all four sites, the highest exploration budget in five years.
Mineral ReservesTotal mineral reserves increased 27% to 6.2Moz Au, net of mining depletion at a 15% higher grade.