OceanaGold (TSE:OGC) Price Target Raised to C$6.25

OceanaGold (TSE:OGC) had its price objective lifted by Scotiabank from C$6.00 to C$6.25 in a research report report published on Wednesday,BayStreet.CA reports. Scotiabank also issued estimates for OceanaGold’s FY2026 earnings at $0.45 EPS.

A number of other equities research analysts have also commented on OGC. Royal Bank of Canada increased their price objective on shares of OceanaGold from C$5.50 to C$6.00 in a report on Friday, December 6th. National Bankshares reduced their target price on shares of OceanaGold from C$6.00 to C$5.50 and set an “outperform” rating on the stock in a research report on Wednesday, October 23rd. Finally, CIBC lowered their price target on shares of OceanaGold from C$6.00 to C$5.75 in a report on Friday, December 13th. Five investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Buy” and a consensus price target of C$5.13.

OceanaGold Trading Down 1.3 %

TSE OGC opened at C$3.92 on Wednesday. The firm has a market cap of C$2.79 billion, a price-to-earnings ratio of 392.00 and a beta of 1.62. OceanaGold has a 1-year low of C$2.08 and a 1-year high of C$4.57. The company has a 50 day moving average of C$4.10 and a 200-day moving average of C$3.79.

OceanaGold (TSE:OGC) last issued its quarterly earnings data on Wednesday, November 6th. The company reported C$0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.14 by C($0.02). The business had revenue of C$470.93 million during the quarter. OceanaGold had a net margin of 0.10% and a return on equity of 0.24%. On average, analysts forecast that OceanaGold will post 0.6283048 earnings per share for the current year.

OceanaGold Company Profile

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.