FY2026 Earnings Estimate for OceanaGold Issued By Scotiabank

OceanaGold Co. (TSE:OGC) – Equities researchers at Scotiabank cut their FY2026 earnings per share estimates for OceanaGold in a research note issued to investors on Wednesday, July 15th. Scotiabank analyst O. Habib now anticipates that the company will post earnings per share of $6.59 for the year, down from their previous estimate of $6.71. The consensus estimate for OceanaGold’s current full-year earnings is $0.63 per share.

OceanaGold (TSE:OGC) last posted its earnings results on Wednesday, May 6th. The company reported C$1.40 EPS for the quarter. OceanaGold had a net margin of 33.78% and a return on equity of 34.87%. The business had revenue of C$993.37 million for the quarter.

Separately, TD lifted their price objective on shares of OceanaGold from C$55.00 to C$56.00 and gave the company a “buy” rating in a report on Tuesday, April 21st. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of C$60.12.

OceanaGold Stock Performance

Shares of OGC opened at C$31.42 on Friday. The company has a 50 day moving average price of C$38.03 and a 200-day moving average price of C$43.70. OceanaGold has a fifty-two week low of C$18.52 and a fifty-two week high of C$59.20. The stock has a market capitalization of C$7.03 billion, a PE ratio of 9.58 and a beta of 2.71.

Insiders Place Their Bets

In related news, insider Brian Douglas Martin sold 30,000 shares of the firm’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of C$40.47, for a total transaction of C$1,214,100.00. Following the sale, the insider owned 19,363 shares of the company’s stock, valued at C$783,620.61. This trade represents a 60.77% decrease in their ownership of the stock. 0.15% of the stock is currently owned by insiders.

OceanaGold Company Profile

OceanaGold is a global 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 wholly-owned Haile Gold Mine in the United States of America ; the wholly-owned Macraes and Waihi operations in New Zealand ; and the 80%-owned Didipio Mine in the Philippines.