What is Cormark’s Forecast for OceanaGold Q1 Earnings?

OceanaGold Co. (TSE:OGC) – Equities research analysts at Cormark decreased their Q1 2025 EPS estimates for shares of OceanaGold in a research note issued on Tuesday, February 25th. Cormark analyst R. Gray now expects that the company will earn $0.09 per share for the quarter, down from their previous estimate of $0.17. The consensus estimate for OceanaGold’s current full-year earnings is $0.63 per share. Cormark also issued estimates for OceanaGold’s Q2 2025 earnings at $0.10 EPS, Q3 2025 earnings at $0.13 EPS and Q4 2025 earnings at $0.16 EPS.

A number of other research analysts have also recently issued reports on OGC. BMO Capital Markets cut their target price on shares of OceanaGold from C$6.25 to C$5.75 in a research note on Thursday, February 20th. TD Securities upgraded OceanaGold to a “strong-buy” rating in a research report on Tuesday, February 4th. 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. Scotiabank increased their price objective on OceanaGold from C$6.00 to C$6.25 in a research report on Wednesday, January 15th. Finally, CIBC decreased their price target on OceanaGold from C$6.00 to C$5.75 in a report on Friday, December 13th. Four research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of C$5.58.

OceanaGold Stock Down 2.8 %

Shares of OGC stock opened at C$3.87 on Wednesday. The company has a market capitalization of C$1.92 billion, a P/E ratio of 31.38 and a beta of 1.62. OceanaGold has a 12-month low of C$2.08 and a 12-month high of C$4.80. The firm has a 50-day moving average price of C$4.17 and a 200 day moving average price of C$3.96.

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.