FY2025 Earnings Estimate for OceanaGold Issued By Scotiabank

OceanaGold Co. (TSE:OGC) – Equities research analysts at Scotiabank lifted their FY2025 earnings estimates for shares of OceanaGold in a research report issued to clients and investors on Tuesday, October 28th. Scotiabank analyst O. Habib now anticipates that the company will post earnings per share of $2.56 for the year, up from their prior forecast of $2.20. 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 $3.31 EPS.

OGC has been the subject of a number of other reports. TD Securities raised shares of OceanaGold from a “hold” rating to a “buy” rating and raised their target price for the company from C$22.00 to C$30.00 in a report on Monday, September 8th. CIBC raised their target price on shares of OceanaGold from C$30.00 to C$50.00 in a report on Friday, October 10th. Canaccord Genuity Group raised their target price on shares of OceanaGold from C$25.00 to C$36.00 in a report on Thursday, October 2nd. Royal Bank Of Canada raised their target price on shares of OceanaGold from C$28.00 to C$34.00 in a report on Wednesday, September 10th. Finally, Jefferies Financial Group raised their target price on shares of OceanaGold from C$38.00 to C$42.00 in a report on Friday, October 17th. One equities research analyst has rated the stock with a Strong Buy rating and three have issued a Buy rating to the stock. According to MarketBeat, OceanaGold has a consensus rating of “Buy” and an average price target of C$31.72.

OceanaGold Price Performance

Shares of OGC opened at C$31.37 on Friday. The company has a 50 day simple moving average of C$29.52 and a two-hundred day simple moving average of C$22.50. OceanaGold has a 1 year low of C$10.68 and a 1 year high of C$37.08. The firm has a market cap of C$7.25 billion, a P/E ratio of 19.85 and a beta of 1.33.

OceanaGold Company Profile

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.