Q1 Earnings Forecast for OceanaGold Issued By Raymond James

OceanaGold Co. (TSE:OGC) – Stock analysts at Raymond James decreased their Q1 2025 earnings per share estimates for OceanaGold in a research note issued on Tuesday, March 4th. Raymond James analyst F. Hamed now expects that the company will post earnings of $0.07 per share for the quarter, down from their prior estimate of $0.09. The consensus estimate for OceanaGold’s current full-year earnings is $0.63 per share. Raymond James also issued estimates for OceanaGold’s Q2 2025 earnings at $0.07 EPS, Q4 2025 earnings at $0.13 EPS and FY2025 earnings at $0.38 EPS.

A number of other brokerages have also commented on OGC. TD Securities lowered OceanaGold from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 27th. Scotiabank upped their target price on OceanaGold from C$6.00 to C$6.25 in a research report on Wednesday, January 15th. CIBC dropped their target price on OceanaGold from C$6.00 to C$5.75 in a research report on Friday, December 13th. BMO Capital Markets dropped their target price on OceanaGold from C$6.25 to C$5.75 in a research report on Thursday, February 20th. Finally, Royal Bank of Canada upped their target price on OceanaGold from C$5.50 to C$6.00 in a research report on Friday, December 6th. One investment analyst has rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of C$5.58.

OceanaGold Stock Performance

Shares of OGC stock opened at C$3.98 on Thursday. OceanaGold has a fifty-two week low of C$2.62 and a fifty-two week high of C$4.80. The firm has a market capitalization of C$1.98 billion, a price-to-earnings ratio of 32.28 and a beta of 1.62. The stock’s 50-day simple moving average is C$4.16 and its 200-day simple moving average is C$3.98.

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.