Should I buy or sell OceanaGold stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for OceanaGold in the last year. There are currently 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" OGC shares. View OGC analyst ratings or view top-rated stocks .

What is OceanaGold's stock price target for 2024?

6 analysts have issued 1-year target prices for OceanaGold's stock. Their OGC share price targets range from C$3.00 to C$5.00. On average, they predict the company's stock price to reach C$3.94 in the next year. This suggests a possible upside of 23.4% from the stock's current price. View analysts price targets for OGC or view top-rated stocks among Wall Street analysts .

How have OGC shares performed in 2024?

OceanaGold's stock was trading at C$2.54 on January 1st, 2024. Since then, OGC stock has increased by 25.6% and is now trading at C$3.19. View the best growth stocks for 2024 here .

When is OceanaGold's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024. View our OGC earnings forecast .

How were OceanaGold's earnings last quarter?

OceanaGold Co. (TSE:OGC) issued its earnings results on Wednesday, February, 21st. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.02 by $0.01. The firm earned $363.94 million during the quarter. OceanaGold had a net margin of 8.10% and a trailing twelve-month return on equity of 4.88%.

How often does OceanaGold pay dividends? What is the dividend yield for OceanaGold?

OceanaGold announced a Semi-Annual dividend on Wednesday, February 21st. Shareholders of record on Thursday, March 7th will be given a dividend of 0.013 per share on Friday, April 26th. The ex-dividend date of this dividend is Wednesday, March 6th. Read our dividend analysis for OGC .

Is OceanaGold a good dividend stock?

OceanaGold (TSE:OGC) pays an annual dividend of C$0.03 per share and currently has a dividend yield of 0.89%. The dividend payout ratio is 18.75%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for OGC .

What other stocks do shareholders of OceanaGold own?

Based on aggregate information from My MarketBeat watchlists, some companies that other OceanaGold investors own include Barrick Gold (GOLD) , B2Gold (BTO) , Kirkland Lake Gold (KL) , OceanaGold (OCANF) , Coeur Mining (CDE) , Enbridge (ENB) , Bombardier, Inc. Class B (BBD.B) , Eldorado Gold (ELD) , Aurora Cannabis (ACB) and Alamos Gold (AGI) .

How do I buy shares of OceanaGold?

Shares of OGC stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:OGC

OceanaGold (OGC) Stock Price, News & Analysis

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Free OGC Stock Alerts

C$3.19

-0.06 (-1.85%)

(As of 04/19/2024 ET)

Compare

Today's Range: C$3.17
▼
C$3.29
50-Day Range: C$2.10
▼
C$3.32
52-Week Range: C$2.08
▼
C$3.50

Volume: 1.97 million shs
Average Volume: 1.45 million shs
Market Capitalization: C$2.26 billion

P/E Ratio: 19.94
Dividend Yield: 0.94%
Price Target: C$3.94

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines

Get OceanaGold alerts:

OceanaGold MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 23.4% Upside
C$3.94 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Acquiring Shares
C$99,678 Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.54 out of 5 stars

2.5

Analyst's Opinion

Consensus Rating
OceanaGold has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 6 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
OceanaGold has only been the subject of 4 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for OGC.

0.8

Dividend Strength

Dividend Yield
OceanaGold has a dividend yield of 0.89%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
OceanaGold does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of OceanaGold is 18.75%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for OGC.

1.8

News and Social Media Coverage

News Sentiment
OceanaGold has a news sentiment score of 0.18. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.43 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 1 news article for OceanaGold this week, compared to 1 article on an average week.
MarketBeat Follows
2 people have added OceanaGold to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, OceanaGold insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$99,678.00 in company stock and sold C$0.00 in company stock.
Percentage Held by Insiders
Only 0.14% of the stock of OceanaGold is held by insiders.
Percentage Held by Institutions
59.31% of the stock of OceanaGold is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of OceanaGold is 19.94, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.51.
Price to Earnings Ratio vs. Sector
The P/E ratio of OceanaGold is 19.94, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 142.64.
Price to Book Value per Share Ratio
OceanaGold has a P/B Ratio of 1.30. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About OceanaGold Stock (TSE:OGC)

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.

OGC Stock Price History

30 days | 90 days | 365 days | Advanced Chart

OGC Stock News Headlines

April 14, 2024 | americanbankingnews.com

OceanaGold (TSE:OGC) Sets New 12-Month High at $3.48

April 12, 2024 | americanbankingnews.com

FY2024 EPS Estimates for OceanaGold Co. (TSE:OGC) Boosted by Raymond James

April 20, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

April 12, 2024 | americanbankingnews.com

Q1 2024 EPS Estimates for OceanaGold Co. Increased by Cormark (TSE:OGC)

April 11, 2024 | americanbankingnews.com

Raymond James Comments on OceanaGold Co.'s Q2 2024 Earnings (TSE:OGC)

April 11, 2024 | americanbankingnews.com

Q2 2024 EPS Estimates for OceanaGold Co. Lowered by Analyst (TSE:OGC)

March 28, 2024 | ca.finance.yahoo.com

Stocks in play: OceanaGold Corporation

February 2, 2024 | finance.yahoo.com

OceanaGold Files Preliminary Prospectus for Didipio Initial Public Offering and Provides Underground Optimization Update, 2023 Reserves and Resources and Exploration Update at Didipio

See More Headlines

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Company Calendar

Last Earnings: 2/21/2024
Ex-Dividend for 4/26 Dividend: 3/06/2024
Today: 4/19/2024
Dividend Payable: 4/26/2024
Next Earnings (Confirmed): 4/30/2024

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Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Basic Materials
Industry: Gold
Sub-Industry: N/A
Current Symbol: TSE:OGC
CUSIP: N/A
CIK: N/A
Web: oceanagold.com
Phone: 604-678-4123
Fax: N/A
Employees: N/A
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$3.94
High Stock Price Target: C$5.00
Low Stock Price Target: C$3.00
Potential Upside/Downside: +23.4%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$0.16
Trailing P/E Ratio: 19.94
Forward P/E Ratio: 10.71
P/E Growth: N/A
Net Income: C$83.10 million
Net Margins: 8.10%
Pretax Margin: N/A
Return on Equity: 4.88%
Return on Assets: 5.49%

Debt

Debt-to-Equity Ratio: 13.38
Current Ratio: 1.05
Quick Ratio: N/A

Sales & Book Value

Annual Sales: C$1.03 billion
Price / Sales: 2.19
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: C$2.45 per share
Price / Book: 1.30

Miscellaneous

Outstanding Shares: 707,380,000
Free Float: N/A
Market Cap: C$2.26 billion
Optionable: N/A
Beta: 1.50

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Key Executives

Mr. Gerard Michael Bond B.Com. (Age 56)
BComm, C.A., CEO, President & Director
Comp: $1.62M
Ms. Liang Tang
General Counsel & Company Secretary
Dr. Craig A. Feebrey
Chief Exploration Officer
Mr. Marius van Niekerk
Chief Financial Officer
Ms. Michelle Du Plessis
Chief People & Technology Officer
Mr. Brian Martin C.F.A.
Senior Vice President of Business Development & Investor Relations
Mr. Jonathan G. Moore
Chief Geologist
David Carr
Chief Metallurgist
Mr. David Londono
Chief Operating Officer of Americas
Mr. Peter Sharpe
Chief Operating Officer of Asia-Pacific

Key Competitors

View All Competitors

Insiders

OGC Stock Analysis - Frequently Asked Questions

Should I buy or sell OceanaGold stock right now?: 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for OceanaGold in the last year. There are currently 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" OGC shares.
View OGC analyst ratings or view top-rated stocks.
What is OceanaGold's stock price target for 2024?: 6 analysts have issued 1-year target prices for OceanaGold's stock. Their OGC share price targets range from C$3.00 to C$5.00. On average, they predict the company's stock price to reach C$3.94 in the next year. This suggests a possible upside of 23.4% from the stock's current price.
View analysts price targets for OGC or view top-rated stocks among Wall Street analysts.
How have OGC shares performed in 2024?: OceanaGold's stock was trading at C$2.54 on January 1st, 2024. Since then, OGC stock has increased by 25.6% and is now trading at C$3.19.
View the best growth stocks for 2024 here.
When is OceanaGold's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024.
View our OGC earnings forecast.
How were OceanaGold's earnings last quarter?: OceanaGold Co. (TSE:OGC) issued its earnings results on Wednesday, February, 21st. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.02 by $0.01. The firm earned $363.94 million during the quarter. OceanaGold had a net margin of 8.10% and a trailing twelve-month return on equity of 4.88%.

How often does OceanaGold pay dividends? What is the dividend yield for OceanaGold?: OceanaGold announced a Semi-Annual dividend on Wednesday, February 21st. Shareholders of record on Thursday, March 7th will be given a dividend of 0.013 per share on Friday, April 26th. The ex-dividend date of this dividend is Wednesday, March 6th.
Read our dividend analysis for OGC.
Is OceanaGold a good dividend stock?: OceanaGold (TSE:OGC) pays an annual dividend of C$0.03 per share and currently has a dividend yield of 0.89%. The dividend payout ratio is 18.75%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for OGC.
What other stocks do shareholders of OceanaGold own?: Based on aggregate information from My MarketBeat watchlists, some companies that other OceanaGold investors own include Barrick Gold (GOLD), B2Gold (BTO), Kirkland Lake Gold (KL), OceanaGold (OCANF), Coeur Mining (CDE), Enbridge (ENB), Bombardier, Inc. Class B (BBD.B), Eldorado Gold (ELD), Aurora Cannabis (ACB) and Alamos Gold (AGI).
How do I buy shares of OceanaGold?: Shares of OGC stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:OGC) was last updated on 4/20/2024 by MarketBeat.com Staff

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OceanaGold (OGC) Stock Price, News & Analysis

OceanaGold MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About OceanaGold Stock (TSE:OGC)

OGC Stock Price History

OGC Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

OGC Stock Analysis - Frequently Asked Questions

Overall MarketRank^™