Scotiabank Estimates Oceanagold’s FY2026 Earnings (NYSE:OGC)

Oceanagold Corp. (NYSE:OGC) – Equities researchers at Scotiabank reduced their FY2026 EPS estimates for Oceanagold in a research report issued on Wednesday, July 15th. Scotiabank analyst O. Habib now expects that the company will post earnings of $4.69 per share for the year, down from their prior forecast of $4.89. Scotiabank currently has a “Strong-Buy” rating on the stock. Scotiabank also issued estimates for Oceanagold’s FY2027 earnings at $4.34 EPS.

A number of other analysts have also commented on the stock. Weiss Ratings lowered shares of Oceanagold from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, June 8th. Zacks Research downgraded Oceanagold from a “hold” rating to a “strong sell” rating in a research note on Tuesday, July 7th. Finally, Jefferies Financial Group upgraded Oceanagold to a “strong-buy” rating in a research report on Tuesday, June 9th. Two equities research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Oceanagold currently has an average rating of “Buy”.

Oceanagold Trading Down 0.7%

Shares of OGC stock opened at $22.42 on Friday. Oceanagold has a 52-week low of $13.16 and a 52-week high of $43.33. The company has a market capitalization of $4.99 billion and a PE ratio of 22.20. The firm has a 50 day simple moving average of $26.26.

Oceanagold Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 19th. Shareholders of record on Wednesday, May 20th were issued a $0.09 dividend. This represents a $0.36 annualized dividend and a dividend yield of 1.6%. The ex-dividend date was Wednesday, May 20th. Oceanagold’s dividend payout ratio is 35.64%.

OceanaGold Corporation is a gold and copper mining company that explores for, develops, and operates precious metals projects. The company’s portfolio includes producing mines and development assets, with a focus on the extraction and processing of gold and copper from its owned and operated operations.

Founded in 1989, OceanaGold has built a business centered on long-life mineral assets and responsible mining practices. Its operations have historically been located in the Asia-Pacific region, including New Zealand, the Philippines, and the United States, giving it exposure to several established mining jurisdictions.

The company is headquartered in Vancouver, Canada.