FY2025 Earnings Forecast for OceanaGold Issued By Scotiabank

OceanaGold Co. (TSE:OGC) – Investment analysts at Scotiabank decreased their FY2025 earnings estimates for shares of OceanaGold in a report issued on Wednesday, February 11th. Scotiabank analyst O. Habib now forecasts that the company will earn $2.36 per share for the year, down from their prior estimate of $2.56. 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 $4.92 EPS.

Several other research analysts have also weighed in on the company. Canadian Imperial Bank of Commerce lifted their price objective on OceanaGold from C$50.00 to C$66.00 in a research report on Wednesday, February 4th. Jefferies Financial Group raised their target price on OceanaGold from C$45.00 to C$53.00 in a research note on Monday, January 19th. TD Securities boosted their price target on OceanaGold from C$38.00 to C$56.00 in a research note on Thursday, January 22nd. Finally, Desjardins set a C$50.00 price target on OceanaGold and gave the stock a “buy” rating in a report on Friday, November 28th. One analyst has rated the stock with a Strong Buy rating and four have given a Buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of C$44.58.

OceanaGold Trading Up 6.4%

OGC stock opened at C$52.75 on Monday. The firm has a market cap of C$12.05 billion, a PE ratio of 30.85 and a beta of 1.94. The business’s 50-day moving average price is C$43.65 and its two-hundred day moving average price is C$34.32. OceanaGold has a 1-year low of C$10.86 and a 1-year high of C$54.02.

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.