How to buy OceanaGold Corporation shares | A$2.15

OceanaGold Corporation is a gold business based in Australia. OceanaGold Corporation shares (OGC) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $2.15 – a decrease of 2.71% over the previous week. OceanaGold Corporation has a trailing 12-month revenue of around $519.7 million.

How to buy shares in OceanaGold Corporation

1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
3. Search for OceanaGold Corporation. Find the share by name or ticker symbol: OGC. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until OceanaGold Corporation reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At today's price of $2.15, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
6. Check in on your investment. Congratulations, you own a part of OceanaGold Corporation. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

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How has coronavirus impacted OceanaGold Corporation's share price?

Since the stock market crash in March caused by coronavirus, OceanaGold Corporation's share price has had significant negative movement.

Its last market close was $2.15, which is 24.56% down on its pre-crash value of $2.85 and 47.77% up on the lowest point reached during the March crash when the shares fell as low as $1.455.

If you had bought $1,000 worth of OceanaGold Corporation shares at the start of February 2020, those shares would have been worth $513.08 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $702.62.

OceanaGold Corporation share price

Use our graph to track the performance of OGC stocks over time.

OceanaGold Corporation shares at a glance

• Key figures

Information last updated 2020-10-20.

Latest market close	AUDA$2.15
52-week range	AUDA$1.455 - AUDA$3.99
50-day moving average	AUDA$2.5681
200-day moving average	AUDA$2.9267
Target price	AUDA$3.33
PE ratio	93.5859
Dividend yield	AUDA$0.03 (1.24%)
Earnings per share (TTM)	AUDA$0.02

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy OceanaGold Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of OceanaGold Corporation by TradingView

OceanaGold Corporation price performance over time

Historical closes compared with the close of A$2.15 on 2020-10-22

1 week (2020-10-23)	0.94%
1 month (2020-10-01)	0.47%
3 months (2020-07-31)	-41.10%
6 months (2020-05-01)	-7.73%

1 year (2019-10-31)	-37.68%
2 years (2018-10-31)	-47.82%
3 years (2017-10-31)	-39.78%
5 years (2015-10-30)	-16.34%

Is OceanaGold Corporation under- or over-valued?

Valuing OceanaGold Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of OceanaGold Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

OceanaGold Corporation's P/E ratio

OceanaGold Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 94x. In other words, OceanaGold Corporation shares trade at around 94x recent earnings.

That's relatively high compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

OceanaGold Corporation's EBITDA

OceanaGold Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $110.7 million.

The EBITDA is a measure of a OceanaGold Corporation's overall financial performance and is widely used to measure a its profitability.

OceanaGold Corporation financials

Revenue TTM	$519.7 million
Gross profit TTM	$290.6 million
Return on assets TTM	-1.51%
Return on equity TTM	-4.58%
Profit margin	-13.59%
Book value	2.411
Market capitalisation	$1.3 billion

TTM: trailing 12 months

OceanaGold Corporation share dividends

We're not expecting OceanaGold Corporation to pay a dividend over the next 12 months.

Have OceanaGold Corporation's shares ever split?

OceanaGold Corporation's shares were split on a 1:5 basis on 17 June 2007. So if you had owned 5 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your OceanaGold Corporation shares – just the quantity. However, indirectly, the new 400% higher share price could have impacted the market appetite for OceanaGold Corporation shares which in turn could have impacted OceanaGold Corporation's share price.

OceanaGold Corporation share price volatility

Over the last 12 months, OceanaGold Corporation's shares have ranged in value from as little as $1.455 up to $3.99. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while OceanaGold Corporation's is 1.5755. This would suggest that OceanaGold Corporation's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

OceanaGold Corporation overview

OceanaGold Corporation, a gold producer, engages in the exploration, development, and operation of mineral properties. It explores for gold, copper, silver, and other minerals. The company operates the Didipio gold-copper mine on Luzon Island in the Philippines; the Macraes goldfield mine on the South Island of New Zealand; the Waihi gold mine on the North Island of New Zealand; and Haile gold mine located in South Carolina, the United States. It also has a pipeline of exploration opportunities in the Americas and the Asia-Pacific regions. The company was incorporated in 2003 and is headquartered in Melbourne, Australia.

Frequently asked questions

• What percentage of OceanaGold Corporation is owned by insiders or institutions?

  Currently 0.034% of OceanaGold Corporation shares are held by insiders and 2.298% by institutions.

• When does the fiscal year end for OceanaGold Corporation?

  OceanaGold Corporation's fiscal year ends in December.

• Where is OceanaGold Corporation based?

  OceanaGold Corporation's address is: 357 Collins Street, Melbourne, VIC, Australia, 3000