OceanaGold Co. (TSE:OGC – Free Report) – Equities research analysts at Desjardins issued their Q1 2024 earnings estimates for shares of OceanaGold in a research note issued on Tuesday, April 23rd. Desjardins analyst J. Egilo expects that the company will earn ($0.01) per share for the quarter. Desjardins has a “Buy” rating and a $4.00 price target on the stock. The consensus estimate for OceanaGold’s current full-year earnings is $0.30 per share.
OceanaGold (TSE:OGC – Get Free Report) last released its quarterly earnings results on Wednesday, February 21st. The company reported C$0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.02 by C($0.01). OceanaGold had a return on equity of 4.88% and a net margin of 8.10%. The firm had revenue of C$363.94 million for the quarter.
Read Our Latest Report on OceanaGold
OceanaGold Price Performance
TSE OGC opened at C$3.13 on Thursday. The stock has a market capitalization of C$2.21 billion, a price-to-earnings ratio of 19.56 and a beta of 1.50. The firm has a 50 day simple moving average of C$2.87. OceanaGold has a one year low of C$2.08 and a one year high of C$3.50.
OceanaGold Announces Dividend
The business also recently disclosed a Semi-Annual dividend, which will be paid on Friday, April 26th. Shareholders of record on Thursday, March 7th will be issued a dividend of $0.013 per share. The ex-dividend date of this dividend is Wednesday, March 6th. OceanaGold’s payout ratio is presently 18.75%.
Insiders Place Their Bets
In related news, Director Paul Benson acquired 44,400 shares of the business’s stock in a transaction on Tuesday, February 27th. The shares were purchased at an average price of C$2.25 per share, for a total transaction of C$99,678.00. Corporate insiders own 0.14% of the company’s stock.
About OceanaGold
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.
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