FY2026 EPS Estimates for OceanaGold Boosted by Analyst

OceanaGold Co. (TSE:OGC) – National Bank Financial lifted their FY2026 earnings per share (EPS) estimates for shares of OceanaGold in a research note issued to investors on Tuesday, July 15th. National Bank Financial analyst D. Demarco now forecasts that the company will post earnings per share of $3.67 for the year, up from their previous forecast of $3.33. National Bank Financial currently has a “Strong-Buy” rating on the stock. The consensus estimate for OceanaGold’s current full-year earnings is $0.63 per share.

A number of other equities analysts have also recently issued reports on the stock. Royal Bank Of Canada increased their price objective on shares of OceanaGold from C$21.00 to C$24.00 in a research note on Tuesday, June 3rd. Scotiabank increased their price target on OceanaGold from C$6.50 to C$20.50 and gave the company an “outperform” rating in a research note on Tuesday, June 24th. Finally, Raymond James Financial upgraded OceanaGold to a “moderate buy” rating in a report on Monday, June 30th. One research analyst has rated the stock with a hold rating, four have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of C$19.06.

OceanaGold Trading Down 1.1%

OGC opened at C$18.75 on Thursday. OceanaGold has a 1 year low of C$8.94 and a 1 year high of C$21.21. The stock has a fifty day moving average price of C$18.96 and a 200 day moving average price of C$15.18. The stock has a market cap of C$9.31 billion, a price-to-earnings ratio of 152.05 and a beta of 1.62.

Insider Buying and Selling at OceanaGold

In other OceanaGold news, Director Ian Macnevin Reid acquired 8,666 shares of OceanaGold stock in a transaction that occurred on Thursday, May 15th. The shares were bought 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.

About OceanaGold

OceanaGold is a growing intermediate gold and copper producer committed to safely and responsibly maximizing the generation of Free Cash Flow from our operations and delivering strong returns for our shareholders. We have a portfolio of four operating mines: the Haile Gold Mine in the United States of America; Didipio Mine in the Philippines; and the Macraes and Waihi operations in New Zealand.