FY2025 Earnings Estimate for OceanaGold Issued By Scotiabank

OceanaGold Co. (TSE:OGC) – Stock analysts at Scotiabank decreased their FY2025 earnings estimates for OceanaGold in a research report issued to clients and investors on Wednesday, March 19th. Scotiabank analyst O. Habib now anticipates that the company will post earnings per share of $0.34 for the year, down from their previous estimate of $0.39. The consensus estimate for OceanaGold’s current full-year earnings is $0.63 per share. Scotiabank also issued estimates for OceanaGold’s FY2026 earnings at $0.42 EPS.

A number of other research firms have also commented on OGC. BMO Capital Markets reduced their price target on OceanaGold from C$6.25 to C$5.75 in a research report on Thursday, February 20th. TD Securities cut OceanaGold from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 27th. National Bank Financial upgraded shares of OceanaGold to a “strong-buy” rating in a report on Friday, March 21st. Royal Bank of Canada upped their price objective on shares of OceanaGold from C$5.50 to C$6.00 in a research note on Friday, December 6th. Finally, CIBC decreased their price objective on shares of OceanaGold from C$6.00 to C$5.75 in a research report on Friday, December 13th. One analyst has rated the stock with a hold rating, four have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of C$5.58.

OceanaGold Stock Up 3.6 %

TSE OGC opened at C$4.55 on Monday. The company has a market capitalization of C$2.26 billion, a price-to-earnings ratio of 36.90 and a beta of 1.62. OceanaGold has a twelve month low of C$2.83 and a twelve month high of C$4.80. The stock has a fifty day simple moving average of C$4.20 and a 200 day simple moving average of C$4.05.

Insider Activity at OceanaGold

In related news, Senior Officer Liang Tang sold 50,000 shares of the business’s stock in a transaction dated Wednesday, March 19th. The stock was sold at an average price of C$4.38, for a total value of C$219,000.00. 0.15% of the stock is owned by corporate insiders.

About OceanaGold

OceanaGold Corporation, a gold and copper producer, engages in exploration, development, and operation of mineral properties in the United States, the Philippines, and New Zealand. It explores for gold, copper, and silver deposits. OceanaGold Corporation was founded in 2003 and is based in Vancouver, Canada.