Raymond James Has Bearish Outlook for OceanaGold Q3 Earnings

OceanaGold Co. (TSE:OGC) – Analysts at Raymond James lowered their Q3 2025 earnings estimates for shares of OceanaGold in a report released on Tuesday, March 4th. Raymond James analyst F. Hamed now forecasts that the company will post earnings per share of $0.11 for the quarter, down from their prior forecast of $0.12. The consensus estimate for OceanaGold’s current full-year earnings is $0.63 per share.

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

OceanaGold Trading Down 1.3 %

Shares of OGC opened at C$3.93 on Friday. OceanaGold has a twelve month low of C$2.65 and a twelve month high of C$4.80. The firm has a market capitalization of C$1.95 billion, a P/E ratio of 31.87 and a beta of 1.62. The stock’s fifty day simple moving average is C$4.16 and its 200 day simple moving average is C$3.99.

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.