Scotiabank Forecasts OceanaGold’s FY2025 Earnings (TSE:OGC)

OceanaGold Co. (TSE:OGC) – Equities research analysts at Scotiabank lowered their FY2025 earnings per share estimates for OceanaGold in a research note issued to investors on Wednesday, February 11th. Scotiabank analyst O. Habib now anticipates that the company will earn $2.36 per share for the year, down from their prior forecast 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.

OGC has been the subject of a number of other reports. Canadian Imperial Bank of Commerce upped their price objective on shares of OceanaGold from C$50.00 to C$66.00 in a report on Wednesday, February 4th. Desjardins set a C$50.00 price target on OceanaGold and gave the stock a “buy” rating in a research report on Friday, November 28th. TD Securities increased their price objective on OceanaGold from C$38.00 to C$56.00 in a report on Thursday, January 22nd. Finally, Jefferies Financial Group raised their price objective on OceanaGold from C$45.00 to C$53.00 in a research note on Monday, January 19th. One research analyst has rated the stock with a Strong Buy rating and four have issued a Buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Buy” and an average price target of C$44.58.

OceanaGold Stock Down 5.6%

Shares of OGC opened at C$49.80 on Monday. The firm has a market cap of C$11.38 billion, a price-to-earnings ratio of 29.12 and a beta of 1.94. The company’s fifty day moving average is C$44.24 and its 200-day moving average is C$34.78. OceanaGold has a 12 month low of C$10.86 and a 12 month high of C$54.02.

OceanaGold Company Profile

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.