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

OceanaGold Co. (TSE:OGC) – Research analysts at Scotiabank raised their FY2025 EPS estimates for OceanaGold in a report released on Friday, January 30th. Scotiabank analyst O. Habib now expects that the company will post earnings per share of $2.56 for the year, up from their previous forecast of $2.40. The consensus estimate for OceanaGold’s current full-year earnings is $0.63 per share.

Other analysts also recently issued reports about the company. TD Securities lifted their price target on OceanaGold from C$38.00 to C$56.00 in a report on Thursday, January 22nd. Jefferies Financial Group boosted their price objective on OceanaGold from C$45.00 to C$53.00 in a research note on Monday, January 19th. Desjardins set a C$50.00 price objective on OceanaGold and gave the company a “buy” rating in a report on Friday, November 28th. Finally, CIBC increased their price target on shares of OceanaGold from C$30.00 to C$50.00 in a research note on Friday, October 10th. One investment 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 presently has a consensus rating of “Buy” and an average target price of C$42.81.

OceanaGold Trading Up 3.3%

OceanaGold stock opened at C$45.57 on Monday. The company has a fifty day simple moving average of C$41.10 and a 200-day simple moving average of C$32.43. The stock has a market cap of C$10.41 billion, a P/E ratio of 26.65 and a beta of 1.85. OceanaGold has a 12-month low of C$10.86 and a 12-month high of C$54.02.

OceanaGold (TSE:OGC) last posted its quarterly earnings results on Wednesday, November 5th. The company reported C$0.40 EPS for the quarter. OceanaGold had a net margin of 5.86% and a return on equity of 3.82%. The company had revenue of C$624.50 million during the quarter.

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.