FY2026 Earnings Estimate for OceanaGold Issued By Scotiabank

OceanaGold Co. (TSE:OGC) – Investment analysts at Scotiabank dropped their FY2026 earnings per share (EPS) estimates for shares of OceanaGold in a research note issued to investors on Wednesday, July 15th. Scotiabank analyst O. Habib now expects that the company will post earnings per share of $6.59 for the year, down from their prior estimate of $6.71. The consensus estimate for OceanaGold’s current full-year earnings is $0.63 per share.

OceanaGold (TSE:OGC) last released its quarterly earnings results on Wednesday, May 6th. The company reported C$1.40 EPS for the quarter. OceanaGold had a return on equity of 34.87% and a net margin of 33.78%.The company had revenue of C$993.37 million for the quarter.

Separately, TD increased their price target on OceanaGold from C$55.00 to C$56.00 and gave the company a “buy” rating in a research report on Tuesday, April 21st. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of C$60.12.

OceanaGold Trading Down 4.2%

OceanaGold stock opened at C$31.65 on Friday. The firm has a market capitalization of C$7.08 billion, a P/E ratio of 9.65 and a beta of 2.71. OceanaGold has a twelve month low of C$18.45 and a twelve month high of C$59.20. The stock’s fifty day simple moving average is C$38.28 and its 200-day simple moving average is C$43.79.

Insider Activity at OceanaGold

In related news, insider Brian Douglas Martin sold 30,000 shares of the company’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of C$40.47, for a total value of C$1,214,100.00. Following the completion of the sale, the insider directly owned 19,363 shares of the company’s stock, valued at C$783,620.61. This represents a 60.77% decrease in their position. Company insiders own 0.15% of the company’s stock.

OceanaGold Company Profile

OceanaGold is a global 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 wholly-owned Haile Gold Mine in the United States of America ; the wholly-owned Macraes and Waihi operations in New Zealand ; and the 80%-owned Didipio Mine in the Philippines.