FY2025 Earnings Forecast for OceanaGold Issued By Scotiabank

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

Several other research firms have also issued reports on OGC. TD Securities lowered shares of OceanaGold from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 27th. Royal Bank of Canada increased their target price on shares of OceanaGold from C$5.50 to C$6.00 in a report on Friday, December 6th. BMO Capital Markets dropped their target price on shares of OceanaGold from C$6.25 to C$5.75 in a report on Thursday, February 20th. Finally, CIBC dropped their target price on shares of OceanaGold from C$6.00 to C$5.75 in a report on Friday, December 13th. One equities research analyst has rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of C$5.58.

OceanaGold Stock Down 0.9 %

TSE OGC opened at C$4.30 on Monday. The company has a 50-day simple moving average of C$4.18 and a two-hundred day simple moving average of C$4.04. OceanaGold has a 12-month low of C$2.77 and a 12-month high of C$4.80. The firm has a market cap of C$2.14 billion, a price-to-earnings ratio of 34.87 and a beta of 1.62.

Insiders Place Their Bets

In other OceanaGold news, Senior Officer Liang Tang sold 50,000 shares of the firm’s stock in a transaction dated Wednesday, March 19th. The shares were sold at an average price of C$4.38, for a total value of C$219,000.00. 0.15% of the stock is currently owned by company insiders.

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.