FY2025 EPS Estimate for OceanaGold Increased by Analyst

Key Points

• OceanaGold's FY2025 EPS estimates have been increased by National Bank Financial from $2.56 to $2.73, reflecting positive analyst sentiment about the company's earnings potential.
• Multiple analysts have upgraded OceanaGold's stock ratings, with TD Securities raising it from "hold" to "buy" and increasing the price target from C$22.00 to C$30.00.
• The company's current market capitalization stands at C$6.59 billion, with shares trading around C$28.50 and a 1-year price range between C$10.68 and C$29.77.

OceanaGold Co. (TSE:OGC - Free Report) - Equities research analysts at National Bank Financial increased their FY2025 earnings per share (EPS) estimates for shares of OceanaGold in a research note issued to investors on Tuesday, September 23rd. National Bank Financial analyst D. Demarco now anticipates that the company will post earnings per share of $2.73 for the year, up from their prior forecast of $2.56. The consensus estimate for OceanaGold's current full-year earnings is $0.63 per share. National Bank Financial also issued estimates for OceanaGold's FY2026 earnings at $4.36 EPS.

Other equities research analysts have also issued research reports about the company. TD Securities raised OceanaGold from a "hold" rating to a "buy" rating and increased their price target for the company from C$22.00 to C$30.00 in a research report on Monday, September 8th. Scotiabank lifted their price target on OceanaGold from C$6.50 to C$20.50 and gave the stock an "outperform" rating in a research report on Tuesday, June 24th. Raymond James Financial raised OceanaGold to a "moderate buy" rating in a report on Monday, June 30th. Finally, Royal Bank Of Canada boosted their target price on OceanaGold from C$28.00 to C$34.00 in a report on Wednesday, September 10th. One equities research analyst has rated the stock with a Strong Buy rating and four have given a Buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Buy" and a consensus target price of C$22.79.

OceanaGold Price Performance

OGC stock opened at C$28.50 on Friday. The firm has a market capitalization of C$6.59 billion, a P/E ratio of 18.04 and a beta of 0.99. The business's 50-day moving average is C$23.74 and its two-hundred day moving average is C$19.06. OceanaGold has a 1 year low of C$10.68 and a 1 year high of C$29.77.

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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