Cormark Weighs in on OceanaGold’s FY2025 Earnings (TSE:OGC)

OceanaGold Co. (TSE:OGC) – Research analysts at Cormark reduced their FY2025 EPS estimates for shares of OceanaGold in a research note issued to investors on Tuesday, February 25th. Cormark analyst R. Gray now anticipates that the company will post earnings per share of $0.47 for the year, down from their prior estimate of $0.71. The consensus estimate for OceanaGold’s current full-year earnings is $0.63 per share. Cormark also issued estimates for OceanaGold’s FY2026 earnings at $0.74 EPS.

OGC has been the topic of a number of other research reports. CIBC lowered their price objective on shares of OceanaGold from C$6.00 to C$5.75 in a research report on Friday, December 13th. BMO Capital Markets reduced their price objective on shares of OceanaGold from C$6.25 to C$5.75 in a research report on Thursday, February 20th. Scotiabank lifted their price objective on OceanaGold from C$6.00 to C$6.25 in a research note on Wednesday, January 15th. Royal Bank of Canada lifted their price objective on shares of OceanaGold from C$5.50 to C$6.00 in a research note on Friday, December 6th. Finally, TD Securities raised shares of OceanaGold to a “strong-buy” rating in a report on Tuesday, February 4th. Four investment analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of C$5.58.

OceanaGold Stock Up 5.3 %

Shares of TSE OGC opened at C$3.98 on Thursday. The company has a 50 day moving average of C$4.17 and a 200 day moving average of C$3.96. The firm has a market cap of C$1.98 billion, a P/E ratio of 32.28 and a beta of 1.62. OceanaGold has a twelve month low of C$2.08 and a twelve month high of C$4.80.

OceanaGold Company Profile

OceanaGold Corporation, a gold and copper producer, engages in exploration, development, and operation of mineral properties in the United States, the Philippines, and New Zealand. It explores for gold, copper, and silver deposits. OceanaGold Corporation was founded in 2003 and is based in Vancouver, Canada.