OceanaGold Co. (TSE:OGC - Free Report) - Investment analysts at Raymond James Financial cut their Q2 2025 EPS estimates for shares of OceanaGold in a research report issued on Monday, June 23rd. Raymond James Financial analyst F. Hamed now anticipates that the company will earn $0.26 per share for the quarter, down from their prior estimate of $0.39. Raymond James Financial currently has a "Outperform" rating and a $24.00 price target on the stock. The consensus estimate for OceanaGold's current full-year earnings is $0.63 per share. Raymond James Financial also issued estimates for OceanaGold's Q3 2025 earnings at $0.38 EPS and Q4 2025 earnings at $0.57 EPS.
OGC has been the topic of a number of other reports. TD Securities cut shares of OceanaGold from a "strong-buy" rating to a "hold" rating in a research note on Thursday, February 27th. Royal Bank Of Canada upped their price target on shares of OceanaGold from C$21.00 to C$24.00 in a research note on Tuesday, June 3rd. National Bank Financial upgraded shares of OceanaGold to a "strong-buy" rating in a research note on Friday, March 21st. Finally, Scotiabank increased their target price on shares of OceanaGold from C$6.50 to C$20.50 and gave the stock an "outperform" rating in a research note on Tuesday. One analyst has rated the stock with a hold rating, five have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Buy" and an average price target of C$18.61.
Read Our Latest Report on OceanaGold
OceanaGold Trading Down 5.1%
Shares of OGC stock traded down C$1.00 during trading on Thursday, reaching C$18.68. 762,910 shares of the company's stock traded hands, compared to its average volume of 747,612. The company has a market capitalization of C$9.28 billion, a P/E ratio of 151.49 and a beta of 1.62. The firm's 50-day moving average is C$17.74 and its 200 day moving average is C$14.50. 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 firm's stock in a transaction dated Thursday, May 15th. The shares were purchased at an average price of C$16.89 per share, with a total value of C$146,368.74. Corporate insiders own 0.15% of the company's stock.
OceanaGold Company Profile
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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.
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