Cormark Has Negative Outlook for OceanaGold Q3 Earnings

OceanaGold Co. (TSE:OGC) – Stock analysts at Cormark reduced their Q3 2025 earnings per share (EPS) estimates for OceanaGold in a report issued on Tuesday, June 24th. Cormark analyst R. Gray now anticipates that the company will post earnings of $0.69 per share for the quarter, down from their prior forecast of $0.72. The consensus estimate for OceanaGold’s current full-year earnings is $0.63 per share. Cormark also issued estimates for OceanaGold’s Q4 2025 earnings at $0.83 EPS and FY2025 earnings at $2.65 EPS.

Other equities research analysts have also issued reports about the company. Royal Bank Of Canada upped their price objective on OceanaGold from C$21.00 to C$24.00 in a research note on Tuesday, June 3rd. TD Securities lowered OceanaGold from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 27th. Raymond James Financial upped their price objective on OceanaGold from C$6.50 to C$24.00 and gave the company an “outperform” rating in a research note on Tuesday. Scotiabank upped their price objective on OceanaGold from C$6.50 to C$20.50 and gave the company an “outperform” rating in a research note on Tuesday. Finally, National Bank Financial upgraded OceanaGold to a “strong-buy” rating in a research note on Friday, March 21st. One research analyst has rated the stock with a hold rating, five have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, OceanaGold currently has a consensus rating of “Buy” and a consensus target price of C$18.61.

OceanaGold Stock Up 0.3%

Shares of OGC opened at C$19.68 on Thursday. OceanaGold has a 12-month low of C$8.94 and a 12-month high of C$21.21. The firm has a market capitalization of C$9.78 billion, a price-to-earnings ratio of 159.60 and a beta of 1.62. The stock’s 50-day moving average price is C$17.68 and its 200 day moving average price is C$14.47.

Insider Activity at OceanaGold

In other OceanaGold news, Director Ian Macnevin Reid acquired 8,666 shares of the company’s stock in a transaction on Thursday, May 15th. The shares were purchased at an average price of C$16.89 per share, for a total transaction of C$146,368.74. 0.15% of the stock is 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.