OceanaGold FY2026 EPS Increased by National Bank Financial

OceanaGold Co. (TSE:OGC - Free Report) - Equities researchers at National Bank Financial upped their FY2026 earnings estimates for OceanaGold in a report issued on Tuesday, July 15th. National Bank Financial analyst D. Demarco now forecasts that the company will post earnings per share of $3.67 for the year, up from their prior forecast of $3.33. The consensus estimate for OceanaGold's current full-year earnings is $0.63 per share.

A number of other brokerages have also issued reports on OGC. Scotiabank lifted their target price on shares of OceanaGold from C$6.50 to C$20.50 and gave the company an "outperform" rating in a research note on Tuesday, June 24th. Raymond James Financial raised shares of OceanaGold to a "moderate buy" rating in a research note on Monday, June 30th. Finally, Royal Bank Of Canada lifted their target price on shares of OceanaGold from C$21.00 to C$24.00 in a research note on Tuesday, June 3rd. One equities research analyst has rated the stock with a hold rating, four have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat, OceanaGold currently has a consensus rating of "Buy" and a consensus target price of C$19.06.

OceanaGold Price Performance

TSE OGC traded down C$0.14 on Thursday, hitting C$18.61. 397,714 shares of the stock were exchanged, compared to its average volume of 741,471. OceanaGold has a 52-week low of C$8.94 and a 52-week high of C$21.21. The company has a market capitalization of C$9.25 billion, a price-to-earnings ratio of 150.92 and a beta of 1.62. The company's 50-day moving average price is C$18.99 and its two-hundred day moving average price is C$15.25.

Insiders Place Their Bets

In other OceanaGold news, Director Ian Macnevin Reid bought 8,666 shares of the stock in a transaction that occurred on Thursday, May 15th. The shares were 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 currently owned by 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.