OceanaGold FY2026 EPS Lifted by National Bank Financial

OceanaGold Co. (TSE:OGC) – National Bank Financial raised their FY2026 earnings per share (EPS) estimates for shares of OceanaGold in a research report issued to clients and investors on Tuesday, July 15th. National Bank Financial analyst D. Demarco now anticipates that the company will earn $3.67 per share for the year, up from their prior forecast of $3.33. National Bank Financial has a “Strong-Buy” rating on the stock. The consensus estimate for OceanaGold’s current full-year earnings is $0.63 per share.

A number of other research firms have also weighed in on OGC. Royal Bank Of Canada boosted their target price on OceanaGold from C$21.00 to C$24.00 in a report on Tuesday, June 3rd. Scotiabank boosted their target price on OceanaGold from C$6.50 to C$20.50 and gave the stock an “outperform” rating in a report on Tuesday, June 24th. Finally, Raymond James Financial raised OceanaGold to a “moderate buy” rating in a report on Monday, June 30th. One analyst has rated the stock with a hold rating, four have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of C$19.06.

OceanaGold Stock Down 0.7%

TSE:OGC opened at C$18.61 on Thursday. The firm has a market capitalization of C$9.25 billion, a price-to-earnings ratio of 150.92 and a beta of 1.62. OceanaGold has a twelve month low of C$8.94 and a twelve month high of C$21.21. The stock’s 50 day moving average price is C$18.99 and its two-hundred day moving average price is C$15.23.

Insider Buying and Selling

In other news, Director Ian Macnevin Reid bought 8,666 shares of the company’s stock in a transaction dated 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. 0.15% of the stock is currently owned by corporate insiders.

About OceanaGold

OceanaGold is a growing intermediate gold and copper producer committed to safely and responsibly maximizing the generation of Free Cash Flow from our operations and delivering strong returns for our shareholders. We have a portfolio of four operating mines: the Haile Gold Mine in the United States of America; Didipio Mine in the Philippines; and the Macraes and Waihi operations in New Zealand.