FY2026 Earnings Estimate for OceanaGold Issued By Scotiabank

OceanaGold Co. (TSE:OGC) – Investment analysts at Scotiabank lowered their FY2026 EPS estimates for OceanaGold in a note issued to investors on Thursday, April 23rd. Scotiabank analyst O. Habib now expects that the company will earn $4.97 per share for the year, down from their prior forecast of $5.01. The consensus estimate for OceanaGold’s current full-year earnings is $0.63 per share.

Several other research analysts have also recently weighed in on the company. Canadian Imperial Bank of Commerce upped their price target on OceanaGold from C$66.00 to C$72.00 in a research report on Thursday, February 26th. Jefferies Financial Group lifted their price objective on OceanaGold from C$45.00 to C$53.00 in a research report on Monday, January 19th. Royal Bank Of Canada boosted their price objective on OceanaGold from C$52.00 to C$78.00 in a research note on Thursday, March 12th. Desjardins upped their target price on OceanaGold from C$63.00 to C$65.00 and gave the company a “buy” rating in a report on Friday, February 20th. Finally, TD raised their target price on OceanaGold from C$55.00 to C$56.00 and gave the stock a “buy” rating in a research note on Tuesday, April 21st. Five investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, OceanaGold has an average rating of “Buy” and an average target price of C$56.11.

OceanaGold Trading Down 1.9%

OGC stock opened at C$43.96 on Tuesday. The firm has a 50-day moving average of C$47.93 and a two-hundred day moving average of C$42.25. OceanaGold has a 12 month low of C$13.86 and a 12 month high of C$59.20. The company has a market cap of C$9.90 billion, a price-to-earnings ratio of 16.34 and a beta of 2.46.

OceanaGold (TSE:OGC) last posted its quarterly earnings results on Wednesday, February 18th. The company reported C$1.21 earnings per share for the quarter. OceanaGold had a net margin of 33.30% and a return on equity of 30.82%. The firm had revenue of C$870.81 million for the quarter.

OceanaGold declared that its board has authorized a stock repurchase plan on Wednesday, February 18th that permits the company to repurchase $350.00 million in shares. This repurchase authorization permits the company to repurchase up to 2.9% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s board of directors believes its stock is undervalued.

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.