Analysts Offer Predictions for OceanaGold Q2 Earnings

Key Points

• Raymond James Financial has raised its Q2 2025 earnings per share estimate for OceanaGold from $0.35 to $0.49, maintaining a "Moderate Buy" rating on the stock.
• OceanaGold's stock currently has an average target price of C$19.92 and a consensus rating of "Buy" from multiple analysts.
• Insider activity includes a purchase of 8,666 shares by Director Ian Macnevin Reid at an average price of C$16.89, reflecting confidence in the company's future performance.

OceanaGold Co. (TSE:OGC - Free Report) - Research analysts at Raymond James Financial increased their Q2 2025 earnings estimates for OceanaGold in a research note issued on Wednesday, July 23rd. Raymond James Financial analyst J. Elliott now forecasts that the company will earn $0.49 per share for the quarter, up from their previous forecast of $0.35. Raymond James Financial currently has a "Moderate Buy" rating on the stock. The consensus estimate for OceanaGold's current full-year earnings is $0.63 per share.

Several other equities analysts also recently issued reports on OGC. Royal Bank Of Canada upped their price objective on shares of OceanaGold from C$21.00 to C$24.00 in a research note on Tuesday, June 3rd. Scotiabank upped their price objective 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. One investment analyst has rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Buy" and an average price target of C$19.92.

OceanaGold Stock Down 0.1%

Shares of OGC traded down C$0.02 on Monday, hitting C$18.68. 68,413 shares of the stock traded hands, compared to its average volume of 739,147. The firm has a market capitalization of C$9.28 billion, a P/E ratio of 151.49 and a beta of 1.62. The stock's 50 day moving average is C$19.36 and its two-hundred day moving average is C$15.66. OceanaGold has a 1 year low of C$8.94 and a 1 year high of C$21.21.

Insiders Place Their Bets

In related news, Director Ian Macnevin Reid purchased 8,666 shares of the business's stock in a transaction on Thursday, May 15th. The shares were bought 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 corporate 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.