Raymond James Has Strong Estimate for OceanaGold Q1 Earnings

OceanaGold Co. (TSE:OGC - Free Report) - Investment analysts at Raymond James increased their Q1 2025 earnings estimates for shares of OceanaGold in a research report issued to clients and investors on Wednesday, April 16th. Raymond James analyst F. Hamed now expects that the company will post earnings of $0.13 per share for the quarter, up from their previous estimate of $0.11. The consensus estimate for OceanaGold's current full-year earnings is $0.63 per share. Raymond James also issued estimates for OceanaGold's Q4 2025 earnings at $0.25 EPS.

Several other equities research analysts have also recently issued reports on the company. Scotiabank raised their target price on OceanaGold from C$6.00 to C$6.25 in a research note on Wednesday, January 15th. National Bank Financial raised OceanaGold to a "strong-buy" rating in a research report on Friday, March 21st. BMO Capital Markets lowered their target price on shares of OceanaGold from C$6.25 to C$5.75 in a research note on Thursday, February 20th. Finally, TD Securities cut shares of OceanaGold from a "strong-buy" rating to a "hold" rating in a research report on Thursday, February 27th. One investment analyst has rated the stock with a hold rating, three have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus target price of C$5.75.

OceanaGold Stock Down 2.9 %

TSE:OGC traded down C$0.15 on Friday, hitting C$4.99. The stock had a trading volume of 1,087,019 shares, compared to its average volume of 2,152,070. The stock has a market cap of C$2.48 billion, a price-to-earnings ratio of 40.47 and a beta of 1.62. The company has a fifty day moving average price of C$4.41 and a two-hundred day moving average price of C$4.22. OceanaGold has a 1-year low of C$2.89 and a 1-year high of C$5.33.

Insider Buying and Selling

In related news, Senior Officer Liang Tang sold 50,000 shares of OceanaGold stock in a transaction that occurred on 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 owned by insiders.

OceanaGold Company Profile

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.