FY2026 Earnings Forecast for OceanaGold Issued By Scotiabank

OceanaGold Co. (TSE:OGC - Free Report) - Analysts at Scotiabank increased their FY2026 earnings estimates for shares of OceanaGold in a note issued to investors on Tuesday, July 15th. Scotiabank analyst O. Habib now forecasts that the company will post earnings of $1.56 per share for the year, up from their previous forecast of $1.50. Scotiabank has a "Outperform" rating and a $20.50 price target on the stock. The consensus estimate for OceanaGold's current full-year earnings is $0.63 per share. Scotiabank also issued estimates for OceanaGold's FY2026 earnings at $1.56 EPS.

Other analysts have also recently issued reports about the company. Raymond James Financial raised OceanaGold to a "moderate buy" rating in a research note on Monday, June 30th. Royal Bank Of Canada increased their price objective on OceanaGold from C$21.00 to C$24.00 in a report on Tuesday, June 3rd. One investment analyst has rated the stock with a hold rating, four have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Buy" and a consensus target price of C$19.06.

OceanaGold Stock Performance

OceanaGold stock traded up C$0.59 during trading hours on Friday, reaching C$19.20. 260,485 shares of the company's stock traded hands, compared to its average volume of 737,380. OceanaGold has a fifty-two week low of C$8.94 and a fifty-two week high of C$21.21. The firm has a market capitalization of C$9.54 billion, a price-to-earnings ratio of 155.70 and a beta of 1.62. The firm's 50 day moving average is C$18.99 and its 200-day moving average is C$15.28.

Insider Transactions at OceanaGold

In other OceanaGold news, Director Ian Macnevin Reid purchased 8,666 shares of the business's stock in a transaction on Thursday, May 15th. The stock was acquired at an average price of C$16.89 per share, with a total value of C$146,368.74. 0.15% of the stock is owned by corporate insiders.

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.