FY2026 Earnings Estimate for OceanaGold Issued By Scotiabank

OceanaGold Co. (TSE:OGC - Free Report) - Equities researchers at Scotiabank raised their FY2026 EPS estimates for shares of OceanaGold in a research note issued to investors on Tuesday, July 15th. Scotiabank analyst O. Habib now forecasts that the company will earn $1.56 per share for the year, up from their prior forecast of $1.50. Scotiabank currently 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 research analysts have also recently issued research reports about the stock. Raymond James Financial upgraded shares of OceanaGold to a "moderate buy" rating in a research report on Monday, June 30th. Royal Bank Of Canada upped their target price on shares of OceanaGold from C$21.00 to C$24.00 in a research report on Tuesday, June 3rd. One research analyst has rated the stock with a hold rating, four have issued a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Buy" and an average target price of C$19.06.

OceanaGold Price Performance

Shares of TSE:OGC traded down C$0.14 during trading on Friday, reaching C$18.61. 397,714 shares of the company's stock traded hands, compared to its average volume of 741,471. OceanaGold has a 12 month low of C$8.94 and a 12 month high of C$21.21. The stock has a market capitalization of C$9.25 billion, a P/E ratio of 150.92 and a beta of 1.62. The company has a 50 day moving average of C$18.99 and a 200-day moving average of C$15.25.

Insider Activity

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

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.