Marius Niekerk - OceanaGold Chief Officer

OGC Stock  CAD 4.42  0.08  1.84%   

Executive

Marius Niekerk is Chief Officer of OceanaGold
Age 51
Address 400 Burrard Street, Vancouver, BC, Canada, V6C 3A6
Phone604 678 4123
Webhttps://oceanagold.com

OceanaGold Management Efficiency

The company has return on total asset (ROA) of 0.0433 % which means that it generated a profit of $0.0433 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0386 %, meaning that it generated $0.0386 on every $100 dollars invested by stockholders. OceanaGold's management efficiency ratios could be used to measure how well OceanaGold manages its routine affairs as well as how well it operates its assets and liabilities. As of the 1st of December 2024, Return On Tangible Assets is likely to grow to 0.04. Also, Return On Capital Employed is likely to grow to 0.09. At this time, OceanaGold's Other Current Assets are very stable compared to the past year. As of the 1st of December 2024, Return On Tangible Assets is likely to grow to 0.04, while Total Assets are likely to drop about 1.5 B.
OceanaGold has accumulated 231.8 M in total debt with debt to equity ratio (D/E) of 0.19, which may suggest the company is not taking enough advantage from borrowing. OceanaGold has a current ratio of 1.64, which is within standard range for the sector. Debt can assist OceanaGold until it has trouble settling it off, either with new capital or with free cash flow. So, OceanaGold's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like OceanaGold sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for OceanaGold to invest in growth at high rates of return. When we think about OceanaGold's use of debt, we should always consider it together with cash and equity.

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OceanaGold Corporation, a gold producer, engages in the exploration, development, and operation of mineral properties. OceanaGold Corporation was founded in 2003 and is based in South Brisbane, Australia. OCEANAGOLD CORPORATION operates under Gold classification in Canada and is traded on Toronto Stock Exchange. OceanaGold (OGC) is traded on Toronto Exchange in Canada and employs 28 people. OceanaGold is listed under Metals & Mining category by Fama And French industry classification.

Management Performance

OceanaGold Leadership Team

Elected by the shareholders, the OceanaGold's board of directors comprises two types of representatives: OceanaGold inside directors who are chosen from within the company, and outside directors, selected externally and held independent of OceanaGold. The board's role is to monitor OceanaGold's management team and ensure that shareholders' interests are well served. OceanaGold's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, OceanaGold's outside directors are responsible for providing unbiased perspectives on the board's policies.
Ian Reid, Independent Non-Executive Chairman of the Board
Geoffrey Raby, Non-Executive Independent Director
Geoffrey AO, Non-Executive Independent Director
Scott McQueen, Chief Financial Officer, Executive Vice President
Sabina Srubiski, Director Relations
Peter Sharpe, Chief AsiaPacific
Catherine Gignac, Non-Executive Independent Director
Mark Cadzow, Executive Vice President, Chief Development Officer
Cody Whipperman, Executive Vice President Head of Corporate Development
Michael Holmes, Acting President and Chief Executive Officer, Director
Craig Nelsen, Non-Executive Independent Director
Megan Saussey, Chief Officer
David Londono, Chief Americas
Yuwen Ma, Executive Vice President and Head of Human Resources
Liang Tang, Executive Vice President, General Counsel, Company Secretary
Michelle Plessis, Chief Officer
Marius Niekerk, Chief Officer
Scott CPA, Ex CFO
Graham Almond, Executive Vice President Chief of People & Culture
Jonathan Moore, Chief Geologist
MBA BE, Ex Officer
BCom BComm, Pres CEO
Paul Sweeney, Non-Executive Independent Director
Bhuvanesh Malhotra, Chief Officer
Brian CFA, Senior Relations
David Carr, Chief Metallurgist
Craig Feebrey, Executive Vice President and Head of Exploration
Sharon Flynn, Executive Vice President Head of External Affairs and Social Development

OceanaGold Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is OceanaGold a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with OceanaGold

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if OceanaGold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in OceanaGold will appreciate offsetting losses from the drop in the long position's value.

Moving together with OceanaGold Stock

  0.65AG First Majestic SilverPairCorr
  0.61FDY Faraday Copper CorpPairCorr

Moving against OceanaGold Stock

  0.55INFM Infinico Metals CorpPairCorr
The ability to find closely correlated positions to OceanaGold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace OceanaGold when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back OceanaGold - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling OceanaGold to buy it.
The correlation of OceanaGold is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as OceanaGold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if OceanaGold moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for OceanaGold can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in OceanaGold Stock

OceanaGold financial ratios help investors to determine whether OceanaGold Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in OceanaGold with respect to the benefits of owning OceanaGold security.