Q2 EPS Estimates for OceanaGold Boosted by Analyst

OceanaGold Co. (TSE:OGC) – Equities research analysts at Raymond James Financial raised their Q2 2025 earnings per share (EPS) estimates for OceanaGold in a research note issued to investors on Wednesday, July 23rd. Raymond James Financial analyst J. Elliott now anticipates that the company will post earnings of $0.49 per share for the quarter, up from their prior forecast of $0.35. Raymond James Financial has a “Moderate Buy” rating on the stock. The consensus estimate for OceanaGold’s current full-year earnings is $0.63 per share.

OGC has been the topic of a number of other reports. Royal Bank Of Canada boosted their target price on shares of OceanaGold from C$21.00 to C$24.00 in a report on Tuesday, June 3rd. Scotiabank lifted their price target on shares of OceanaGold from C$6.50 to C$20.50 and gave the stock an “outperform” rating in a research report on Tuesday, June 24th. One investment analyst has rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of C$19.92.

OceanaGold Trading Up 0.4%

Shares of TSE OGC opened at C$19.32 on Monday. OceanaGold has a twelve month low of C$8.94 and a twelve month high of C$21.21. The firm has a 50-day moving average of C$19.33 and a two-hundred day moving average of C$15.64. The company has a market capitalization of C$9.60 billion, a price-to-earnings ratio of 156.68 and a beta of 1.62.

Insiders Place Their Bets

In other news, Director Ian Macnevin Reid acquired 8,666 shares of OceanaGold stock in a transaction on Thursday, May 15th. The stock was bought at an average cost of C$16.89 per share, with a total value of C$146,368.74. Corporate insiders own 0.15% of the company’s stock.

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.