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OCANF OceanaGold Corp featured news, full reports, and detailed charts

OceanaGold Corp (OCANF/OCANF.PK) Wrap Up:

OceanaGold Corporation engages in the exploration, development, and operation of gold and other mineral resource properties. The company holds interests in the Macraes Goldfield mine located in the Otago region of the South Island of New Zealand; and the Reefton mine, which consists of four open pits and is located within the West Coast Region of New Zealand?s South Island. It also owns interests in the Didipio Gold Copper project located north of Manila, in Luzon Island, the Philippines; and the Junction Reefs property located in central New South Wales, Australia. The company was incorporated in 2003 and is based in Melbourne, Australia.
www.oceanagold.com
597 Employees
Founded in 2003

OceanaGold Corp (OCANF:Pink OTC Markets Inc)

LAST $1.39 USD
CHANGE TODAY -0.0075 -0.54%
VOLUME 11.0K
As of 2:12 PM 11/20/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of OceanaGold Corp (OCANF)

OPEN
$1.34
PREVIOUS CLOSE
$1.40
DAY HIGH
$1.39
DAY LOW
$1.34
52 WEEK HIGH
11/18/09 - $1.52
52 WEEK LOW
12/31/08 - $0.11
MARKET CAP
258.9M
AVERAGE VOLUME 3 mo
9.9K
DILUTED EPS TTM
--
SHARES OUTSTANDING
185.9M
OCANF Does Not Pay Dividends
P/E TTM
NM
K = Thousands  M = Millions  B = Billions

OCANF Top Compensated Officers

Mr. Blair Way
Director of the Didipio Gold Copper Project a...
Total Annual Compensation: $243.5K
Mr. Mark Cadzow
Chief Operating Officer of New Zealand
Total Annual Compensation: $285.5K
Mr. Patrick Goodfellow
Vice President of Philippines
Total Annual Compensation: A$209.7K

Executives, Board Directors

Compensation as of Fiscal Year 2008.

Key developments for OceanaGold Corp (OCANF)

OceanaGold Corporation Appoints Paul Biddy as Chief Executive Officer for the Company, Replacing Steve Orr

OceanaGold Corporation announced the appointment of Paul Biddy as Chief Executive Officer for the company, replacing Steve Orr, who left the company in June 2009. With this appointment, Marcus Engelbrecht ceased in the role of Interim CEO to continue his duties as CFO and Jim Askew reverted to his position as Non-Executive Chairman from the position of Executive Chair.

OceanaGold Corporation Announces Executive Changes

OceanaGold Corporation announced the appointment of Paul Bibby as Chief Executive Officer, commencing immediately. Paul is a metallurgist with broad international operations and business development experience across many commodities, with leadership roles in recent years at Capral, Zinifex and most recently, as London based Chief Development Officer with Nyrstar, which was created through the IPO of Zinifex's smelting operations. Prior to this, he had some 23 years at Rio Tinto in a broad range of operating and business development roles. Paul is Australian and based in Melbourne. With this appointment, Marcus Engelbrecht will cease the role of Interim CEO and continue his duties of CFO. Additionally, Jim Askew will revert from his position of Executive Chair to Non-Executive Chairman of OceanaGold.

OceanaGold Corporation Reports Audited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2009

OceanaGold Corporation reported audited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported earnings after income tax and before gain of CAD 1,859,000 on gold sales of CAD 59,928,000 against earnings after income tax and before gain of CAD 2,806,000 on gold sales of CAD 54,038,000 reported a year ago. Earnings before income tax and gains were CAD 2,288,000 against CAD 2,748,000 a year ago. EBITDA was CAD 24,425,000 against CAD 18,991,000 a year ago. Cash flow from operating activities was CAD 21,647,000 against CAD 20,399,000 a year ago. Net earnings were CAD 13,800,000 or CAD 0.07 per diluted share against net loss of CAD 10,905,000 or CAD 0.07 per diluted share reported a year ago. For the nine months period, the company reported earnings after income tax and before gain of CAD 17,894,000 on gold sales of CAD 170,208,000 against loss after income tax and before gain of CAD 5,462,000 on gold sales of CAD 169,369,000 reported a year ago. Earnings before income tax and gains were CAD 20,227,000 against loss before tax and gains of CAD 10,025,000 a year ago. EBITDA was CAD 77,941,000 against CAD 41,812,000 a year ago. Cash flow from operating activities was CAD 65,008,000 against CAD 27,807,000 a year ago. Net earnings were CAD 62,968,000 or CAD 0.33 per diluted share against net loss of CAD 41,309,000 or CAD 0.26 per diluted share reported a year ago.

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OCANF Competitors

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Industry Analysis

Valuation OCANF Industry Range
Price/Earnings -- Not Meaningful
Price/Sales -- Not Meaningful
Price/Book -- Not Meaningful
Price/Cash Flow -- Not Meaningful
TEV/Sales -- Not Meaningful

OCANF

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OCANF transactions

Type
Date
Target
Private Placement
July 21, 2009
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