OceanaGold (ASX:OGC) reports a loss of US$150.4 million

19Feb

OceanaGold (ASX:OGC) reports a loss of US$150.4 million

 

OceanaGold (ASX:OGC) has a reported a loss of US$150.4 million compared to a $14.5 million profit a year ago.

The company reported a 23.2 per cent fall in revenue to $US500.1 million.

Its full year EBITDA was $US165 million.

The company said it was expecting production for 2021 to be in the range of 340,000 to 380,000 ounces at an all-in sustaining cost of $US1,050 to $US1,200 an ounce.

Shares in OceanaGold (ASX:OGC) are trading 7.27 per cent lower at $2.04.

 
Copyright 2021 – Finance News Network


Source: Finance News Network

Share this post

Related Posts

11Oct

APN Convenience Retail (ASX:AQR) $38M raising

11 Oct 2019 - Real estate giant APN Convenience Retail (ASX:AQR) is seeking to raise $38 million via an institutional placement to acquire 13 service station and convenience retail properties across the country.

Read More
22Mar

Stocks of the Hour: Godolphin Resources, Develop Global, Core Lithium

22 Mar 2024 - A snapshot of the stocks on the move, featuring Godolphin Resources (ASX:GRL), Develop Global (ASX:DVP) and Core Lithium (ASX:CXO).

Read More
19Apr

Telix Pharmaceuticals (ASX:TLX) launches NOBLE Registry

19 Apr 2021 - Telix Pharmaceuticals (ASX:TLX) has announced the launch of the "Nobody Left Behind" ("NOBLE") Registry.

Read More
03Apr

Transurban (ASX:TCL) finalises sale of US toll road assets

01 Apr 2021 - Transurban (ASX:TCL) has closed the sale of its 50 per cent interest in its Transurban Chesapeake assets to AustralianSuper, Canada Pension Plan Investment Board and UniSuper.

Read More
15Oct

IMF Bentham (ASX:IMF) announces acquisition of Omni Bridgeway, $139m capital raising

15 Oct 2019 - IMF Bentham (ASX:IMF) will finance its proposed $141 million acquisition of European litigation funder Omni Bridgeway via a capital raising.

Read More
20Apr

Stocks of the Hour: BluGlass, Aurelia Metals, Moho Resources

20 Apr 2023 - A snapshot of the stocks on the move featuring BluGlass (ASX:BLG), Aurelia Metals (ASX:AMI) and Moho Resources (ASX:MOH).

Read More
09Oct

SeaLink Travel Group (ASX:SLK) completes its fully underwritten institutional placement

09 Oct 2019 - SeaLink Travel Group (ASX:SLK) has successfully completed its fully underwritten institutional placement.

Read More
18Dec

Ricegrowers (ASX:SGLLV) CopRice expands into NZ market

18 Dec 2020 - Ricegrower’s (ASX:SGLLV) CopRice has signed a purchase agreement to acquire a dairy nutrition business from Inghams which will see it enter the New Zealand market.

Read More
29Jul

Karoon Energy (ASX:KAR) founder set to retire

29 Jul 2020 - Founder and long-standing Chief Executive and Managing Director of Karoon Energy (ASX:KAR), Robert Hosking, is set to retire at the company's 2020 annual general meeting after 16 years in the position.

Read More
06Jan

IAG (ASX:IAG) finalises $10b catastrophe resinsurance

06 Jan 2021 - IAG (ASX:IAG) has finalised its catastrophe reinsurance program for the 2021 calendar year, maintaining its gross reinsurance protection cover at up to $10 billion, the same level as 2020.

Read More