National Bank Financial Estimates OceanaGold Q1 Earnings

OceanaGold Co. (TSE:OGC - Free Report) - Equities researchers at National Bank Financial issued their Q1 2025 earnings estimates for shares of OceanaGold in a report issued on Tuesday, April 22nd. National Bank Financial analyst D. Demarco anticipates that the company will post earnings of $0.17 per share for the quarter. National Bank Financial has a "Strong-Buy" rating on the stock. The consensus estimate for OceanaGold's current full-year earnings is $0.63 per share. National Bank Financial also issued estimates for OceanaGold's FY2025 earnings at $0.86 EPS.

Several other brokerages have also recently weighed in on OGC. Raymond James boosted their price objective on OceanaGold from C$5.50 to C$6.50 in a research note on Friday, April 4th. BMO Capital Markets dropped their price target on shares of OceanaGold from C$6.25 to C$5.75 in a research note on Thursday, February 20th. Scotiabank increased their price objective on shares of OceanaGold from C$6.00 to C$6.25 in a research report on Wednesday, January 15th. Finally, TD Securities cut OceanaGold from a "strong-buy" rating to a "hold" rating in a research note on Thursday, February 27th. One equities research analyst has rated the stock with a hold rating, three have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, OceanaGold has an average rating of "Buy" and a consensus price target of C$5.75.

OceanaGold Price Performance

Shares of TSE OGC traded down C$0.04 during midday trading on Friday, reaching C$4.89. 380,735 shares of the stock traded hands, compared to its average volume of 2,134,371. The company's 50 day moving average is C$4.47 and its 200 day moving average is C$4.26. OceanaGold has a one year low of C$2.89 and a one year high of C$5.33. The stock has a market capitalization of C$2.43 billion, a PE ratio of 39.66 and a beta of 1.62.

Insiders Place Their Bets

In other news, Senior Officer Liang Tang sold 50,000 shares of the business's stock in a transaction dated Wednesday, March 19th. The shares were sold at an average price of C$4.38, for a total value of C$219,000.00. 0.15% of the stock is currently owned by company insiders.

About OceanaGold

OceanaGold Corporation, a gold and copper producer, engages in exploration, development, and operation of mineral properties in the United States, the Philippines, and New Zealand. It explores for gold, copper, and silver deposits. OceanaGold Corporation was founded in 2003 and is based in Vancouver, Canada.