OceanaGold Q2 EPS Cut by Raymond James Financial

OceanaGold Co. (TSE:OGC) – Research analysts at Raymond James Financial decreased their Q2 2025 earnings estimates for shares of OceanaGold in a research report issued on Monday, June 23rd. Raymond James Financial analyst F. Hamed now anticipates that the company will post earnings of $0.26 per share for the quarter, down from their previous forecast of $0.39. Raymond James Financial has a “Outperform” rating and a $24.00 price objective on the stock. The consensus estimate for OceanaGold’s current full-year earnings is $0.63 per share. Raymond James Financial also issued estimates for OceanaGold’s Q3 2025 earnings at $0.38 EPS and Q4 2025 earnings at $0.57 EPS.

Several other equities research analysts also recently issued reports on the company. Royal Bank Of Canada increased their price objective on OceanaGold from C$21.00 to C$24.00 in a research note on Tuesday, June 3rd. National Bank Financial upgraded OceanaGold to a “strong-buy” rating in a report on Friday, March 21st. TD Securities cut shares of OceanaGold from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 27th. Finally, Scotiabank boosted their price objective on shares of OceanaGold from C$6.50 to C$20.50 and gave the company an “outperform” rating in a research report on Tuesday. One investment analyst has rated the stock with a hold rating, five have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, OceanaGold presently has an average rating of “Buy” and a consensus price target of C$18.61.

OceanaGold Trading Up 0.3%

Shares of OGC stock opened at C$19.68 on Thursday. The company has a market capitalization of C$9.78 billion, a price-to-earnings ratio of 159.60 and a beta of 1.62. OceanaGold has a 1-year low of C$8.94 and a 1-year high of C$21.21. The stock’s fifty day simple moving average is C$17.68 and its 200-day simple moving average is C$14.47.

Insider Transactions at OceanaGold

In related news, Director Ian Macnevin Reid purchased 8,666 shares of OceanaGold stock in a transaction on Thursday, May 15th. The stock was bought at an average price of C$16.89 per share, with a total value of C$146,368.74. 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.