OceanaGold Co. (TSE:OGC – Free Report) – Analysts at Raymond James lifted their FY2024 earnings estimates for shares of OceanaGold in a research note issued to investors on Monday, April 8th. Raymond James analyst F. Hamed now forecasts that the company will post earnings per share of $0.27 for the year, up from their previous estimate of $0.26. The consensus estimate for OceanaGold’s current full-year earnings is $0.30 per share.
OceanaGold (TSE:OGC – Get Free Report) last posted its earnings results on Wednesday, February 21st. The company reported C$0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.02 by C($0.01). OceanaGold had a return on equity of 4.88% and a net margin of 8.10%. The firm had revenue of C$363.94 million during the quarter.
Check Out Our Latest Analysis on OceanaGold
OceanaGold Stock Down 4.2 %
TSE OGC opened at C$3.18 on Thursday. OceanaGold has a 1 year low of C$2.08 and a 1 year high of C$3.49. The stock has a market cap of C$2.25 billion, a PE ratio of 19.88 and a beta of 1.50. The business has a 50 day moving average price of C$2.76.
Insider Buying and Selling
In other OceanaGold news, Director Paul Benson bought 44,400 shares of the firm’s stock in a transaction that occurred on Tuesday, February 27th. The shares were bought at an average price of C$2.25 per share, for a total transaction of C$99,678.00. 0.14% of the stock is owned by corporate insiders.
OceanaGold Announces Dividend
The firm also recently announced a Semi-Annual dividend, which will be paid on Friday, April 26th. Investors of record on Thursday, March 7th will be given a $0.013 dividend. The ex-dividend date of this dividend is Wednesday, March 6th. OceanaGold’s payout ratio is presently 18.75%.
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.
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