FY2026 Earnings Estimate for OceanaGold Issued By Scotiabank

OceanaGold Co. (TSE:OGC) – Stock analysts at Scotiabank upped their FY2026 earnings estimates for OceanaGold in a research note issued on Tuesday, July 15th. Scotiabank analyst O. Habib now expects that the company will post earnings per share of $1.56 for the year, up from their prior forecast of $1.50. Scotiabank currently has a “Outperform” rating and a $20.50 target price on the stock. The consensus estimate for OceanaGold’s current full-year earnings is $0.63 per share. Scotiabank also issued estimates for OceanaGold’s FY2026 earnings at $1.56 EPS.

A number of other equities research analysts have also commented on OGC. Raymond James Financial upgraded shares of OceanaGold to a “moderate buy” rating in a report on Monday, June 30th. Royal Bank Of Canada raised their price objective on shares of OceanaGold from C$21.00 to C$24.00 in a report on Tuesday, June 3rd. One equities research analyst has rated the stock with a hold rating, four have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of C$19.06.

OceanaGold Stock Down 0.7%

Shares of TSE OGC opened at C$18.61 on Friday. The company’s fifty day moving average is C$18.99 and its 200-day moving average is C$15.25. The stock has a market cap of C$9.25 billion, a price-to-earnings ratio of 150.92 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 Transactions at OceanaGold

In other OceanaGold news, Director Ian Macnevin Reid purchased 8,666 shares of the stock in a transaction on Thursday, May 15th. The shares were purchased at an average cost of C$16.89 per share, for a total transaction 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.