Raymond James Financial Weighs in on OceanaGold Q2 Earnings

OceanaGold Co. (TSE:OGC) – Equities researchers at Raymond James Financial lowered their Q2 2025 earnings estimates for shares of OceanaGold in a report issued on Monday, June 23rd. Raymond James Financial analyst F. Hamed now forecasts that the company will post earnings per share of $0.26 for the quarter, down from their previous forecast of $0.39. Raymond James Financial has a “Outperform” rating and a $24.00 price target on the stock. The consensus estimate for OceanaGold’s current full-year earnings is $0.63 per share. Raymond James Financial also issued estimates for OceanaGold’s Q3 2025 earnings at $0.38 EPS and Q4 2025 earnings at $0.57 EPS.

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

OceanaGold Trading Up 0.3%

OGC opened at C$19.68 on Thursday. The business’s 50 day moving average is C$17.68 and its 200-day moving average is C$14.47. The stock has a market cap of C$9.78 billion, a PE ratio of 159.60 and a beta of 1.62. OceanaGold has a twelve month low of C$8.94 and a twelve month high of C$21.21.

Insider Activity

In related news, Director Ian Macnevin Reid purchased 8,666 shares of the company’s stock in a transaction that occurred on Thursday, May 15th. The shares were purchased at an average price of C$16.89 per share, with a total value of C$146,368.74. Insiders own 0.15% of the company’s stock.

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.