OGC 0.00% $2.20 oceanagold corporation

Feb 23 (Reuters) - Oceanagold Corp (OGC) : "Achieved record...

  1. 192,512 Posts.
    lightbulb Created with Sketch. 2814

    Feb 23 (Reuters) - Oceanagold Corp (OGC) :

    • "Achieved record full year revenue of $628.6 million and net profit of $136.5 million"
    • "Achieved EBITDA of $283.6 million for full year and $66.9 million for Q4"
    • "Reported quarterly revenue of $147.4 million and net profit of $42.6 million in Q4"
    • Declared semi-annual dividend of $0.01 per common share
    • "With growth in production and higher margins expected in 2017, we are further strengthening our financial results and balance sheet"
    • In 2017, company expects to produce 550,000 to 610,000 ounces of gold and 15,000 to 17,000 tonnes of copper
    • Commissioning of Haile continues to advance well and we expect to announce commercial production early in Q2
    • Sees 2017 sector leading all-in sustaining costs range from $600 to $650 per ounce sold
    • "DENR order remains under appeal with office of president in Philippines. Didipio mine continues to operate without interruption"
 
watchlist Created with Sketch. Add OGC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.