FY2025 Earnings Forecast for OceanaGold Issued By Scotiabank

OceanaGold Co. (TSE:OGC) – Stock analysts at Scotiabank lowered their FY2025 earnings per share (EPS) estimates for shares of OceanaGold in a research note issued to investors on Wednesday, March 19th. Scotiabank analyst O. Habib now forecasts 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.

Several other research analysts have also issued reports on OGC. TD Securities lowered shares of OceanaGold from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 27th. Royal Bank of Canada upped their target price on OceanaGold from C$5.50 to C$6.00 in a report on Friday, December 6th. BMO Capital Markets dropped their price target on OceanaGold from C$6.25 to C$5.75 in a research note on Thursday, February 20th. Finally, CIBC reduced their price objective on shares of OceanaGold from C$6.00 to C$5.75 in a research note on Friday, December 13th. One investment analyst has rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of C$5.58.

OceanaGold Trading Up 2.1 %

Shares of OceanaGold stock opened at C$4.39 on Monday. OceanaGold has a 52 week low of C$2.80 and a 52 week high of C$4.80. The company’s 50-day moving average price is C$4.19 and its two-hundred day moving average price is C$4.05. The stock has a market cap of C$2.18 billion, a PE ratio of 35.60 and a beta of 1.62.

Insider Buying and Selling at OceanaGold

In related news, Senior Officer Liang Tang sold 50,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 19th. The stock was sold at an average price of C$4.38, for a total value of C$219,000.00. Company insiders own 0.15% of the company’s stock.

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.