OGC 1.95% $3.13 oceanagold corporation

large gold producer

  1. 1,464 Posts.
    OGC is a large scale NZ gold producer amongst the top 5 producers in Australasia.

    Made a 10 million dollar unrealised loss based on future hedge expected losses.

    In reality OGC is a profitable producer at $US750 per ounce.

    As gold prices increase beyond $US750, for each $US50, OGC increases its profit dramatically and whilst ameliorating its hedge book can book spot sales conservatively of 40,000 ozs per month. $US2 million dollars per month INCREASE in profits per $50 increase in GP.
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Mkt cap ! $1.947B
Open High Low Value Volume
$3.07 $3.16 $3.03 $2.268M 731.6K

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No. Vol. Price($)
1 14751 $3.12

Sellers (Offers)

Price($) Vol. No.
$3.13 8591 1
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Last trade - 16.10pm 29/05/2020 (20 minute delay) ?
0.060 ( 0.07 %)
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$3.08 $3.08 $3.08 96
Last updated 11.02am 29/05/2020 (live) ?
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