Brokers Issue Forecasts for OceanaGold FY2025 Earnings

Key Points

• Raymond James Financial has increased its FY2025 earnings forecast for OceanaGold to $2.32 per share, up from $2.25, while maintaining a "Moderate Buy" rating on the stock.
• Several financial institutions have raised their price targets for OceanaGold, with prices ranging from C$20.50 to C$50.00, reflecting a consensus rating of "Buy" and an average target price of C$28.53.
• Shares of OceanaGold have recently opened at C$33.18, showing a market capitalization of C$7.67 billion and a PE ratio of 21.00.

OceanaGold Co. (TSE:OGC - Free Report) - Equities research analysts at Raymond James Financial raised their FY2025 earnings estimates for OceanaGold in a research report issued on Thursday, October 9th. Raymond James Financial analyst J. Elliott now forecasts that the company will post earnings of $2.32 per share for the year, up from their prior estimate of $2.25. Raymond James Financial currently has a "Moderate Buy" rating on the stock. The consensus estimate for OceanaGold's current full-year earnings is $0.63 per share. Raymond James Financial also issued estimates for OceanaGold's Q4 2025 earnings at $0.98 EPS, Q1 2026 earnings at $0.90 EPS, Q2 2026 earnings at $0.95 EPS and Q3 2026 earnings at $0.95 EPS.

OGC has been the subject of several other research reports. Scotiabank boosted their target price 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. CIBC boosted their price objective on OceanaGold from C$30.00 to C$50.00 in a report on Friday. Canaccord Genuity Group boosted their price target on OceanaGold from C$25.00 to C$36.00 in a report on Thursday, October 2nd. Royal Bank Of Canada boosted their price target on OceanaGold from C$28.00 to C$34.00 in a report on Wednesday, September 10th. Finally, TD Securities upgraded OceanaGold from a "hold" rating to a "buy" rating and boosted their price target for the company from C$22.00 to C$30.00 in a report on Monday, September 8th. One equities research analyst has rated the stock with a Strong Buy rating and four have issued a Buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and an average target price of C$28.53.

OceanaGold Trading Up 1.5%

Shares of TSE:OGC opened at C$33.18 on Monday. The company has a fifty day simple moving average of C$26.38 and a 200 day simple moving average of C$20.59. The firm has a market cap of C$7.67 billion, a PE ratio of 21.00 and a beta of 1.33. OceanaGold has a 12-month low of C$10.68 and a 12-month high of C$33.89.

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.

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