FY2025 Earnings Forecast for OceanaGold Issued By Scotiabank

OceanaGold Co. (TSE:OGC) – Equities researchers at Scotiabank decreased their FY2025 earnings per share estimates for OceanaGold in a report released on Wednesday, March 19th. Scotiabank analyst O. Habib now anticipates that the company will earn $0.34 per share for the year, down from their prior forecast 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.

Other equities research analysts also recently issued reports about the company. Royal Bank of Canada raised their price target on OceanaGold from C$5.50 to C$6.00 in a research report on Friday, December 6th. CIBC dropped their price target on OceanaGold from C$6.00 to C$5.75 in a research report on Friday, December 13th. TD Securities lowered shares of OceanaGold from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 27th. Finally, BMO Capital Markets cut their target price on OceanaGold from C$6.25 to C$5.75 in a research note on Thursday, February 20th. One 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. Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of C$5.58.

OceanaGold Trading Up 2.1 %

TSE OGC opened at C$4.39 on Monday. OceanaGold has a 1 year low of C$2.80 and a 1 year high of C$4.80. The company has a fifty day simple moving average of C$4.19 and a 200 day simple moving average of C$4.05. The company has a market cap of C$2.18 billion, a P/E ratio of 35.60 and a beta of 1.62.

Insiders Place Their Bets

In other 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. Corporate 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.