Earnings ·
OceanaGold Corporation reported second-quarter 2026 results with revenue of $647.3 million, up 50% year-over-year…
OCANFOceanaGold Corp
OceanaGold Corporation reported second-quarter 2026 results with revenue of $647.3 million, up 50% year-over-year, driven by a 35% increase in the average realized gold price to $4,433 per ounce and higher sales volumes. Net profit attributable to shareholders reached $222.2 million, or $0.99 per diluted share, compared to $114.1 million in the prior year period. The company produced 138,800 ounces of gold, a 7% increase from the previous quarter, while maintaining an All-In Sustaining Cost (AISC) of $2,151 per ounce. OceanaGold generated $313.6 million in operating cash flow and returned $78 million to shareholders through dividends and share buybacks. On August 5, 2026, the Board declared a quarterly dividend of $0.09 per common share. The company operates gold and copper mines in the USA, New Zealand, and the Philippines.