Q1 Earnings Estimate for OceanaGold Issued By Raymond James

OceanaGold Co. (TSE:OGC - Free Report) - Analysts at Raymond James decreased their Q1 2025 EPS estimates for OceanaGold in a research note issued to investors on Tuesday, March 4th. Raymond James analyst F. Hamed now expects that the company will post earnings of $0.07 per share for the quarter, down from their previous forecast of $0.09. The consensus estimate for OceanaGold's current full-year earnings is $0.63 per share. Raymond James also issued estimates for OceanaGold's Q2 2025 earnings at $0.07 EPS, Q4 2025 earnings at $0.13 EPS and FY2025 earnings at $0.38 EPS.

A number of other research analysts have also commented on the company. Royal Bank of Canada increased their price objective on OceanaGold from C$5.50 to C$6.00 in a report on Friday, December 6th. TD Securities downgraded OceanaGold from a "strong-buy" rating to a "hold" rating in a research report on Thursday, February 27th. CIBC lowered their target price on shares of OceanaGold from C$6.00 to C$5.75 in a research note on Friday, December 13th. BMO Capital Markets reduced their target price on shares of OceanaGold from C$6.25 to C$5.75 in a research note on Thursday, February 20th. Finally, Scotiabank lifted their target price on shares of OceanaGold from C$6.00 to C$6.25 in a research note on Wednesday, January 15th. One investment analyst has rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Buy" and an average price target of C$5.58.

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OceanaGold Price Performance

TSE:OGC traded down C$0.28 during trading hours on Thursday, reaching C$3.65. The company's stock had a trading volume of 6,992,302 shares, compared to its average volume of 1,981,269. The company has a market cap of C$1.81 billion, a price-to-earnings ratio of 29.60 and a beta of 1.62. OceanaGold has a one year low of C$2.65 and a one year high of C$4.80. The business's 50-day moving average is C$4.16 and its 200-day moving average is C$4.00.

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.