High-grade Pisces deposit at the Haile gold mine in South Carolina. Credit: OceanaGold
OceanaGold (TSX: OGC) set a new all-time high on Thursday after the company turned in strong quarterly results that were marked by record revenue and profit.
During the second quarter of 2025, the Vancouver-headquartered gold miner saw revenue jump to a record $432 million, compared with $359.9 million the previous quarter and $251.2 million the same period last year.
Net profit also hit a record $117.6 million, up from $101.2 million in Q1 and just $34 million a year ago, as did adjusted earnings per share ($0.51), which beat analyst estimates. BMO Capital Markets had forecasted an adjusted EPS of $0.41.
Shares of OceanaGold soared by double digits on the Q2 2025 results, including a record high of C$22.69 during the morning trading. As of 11:15 a.m. ET, it traded at C$22.05, with a market capitalization of just…
