OceanaGold Co. (TSE:OGC) Forecasted to Post FY2026 Earnings of $0.50 Per Share

OceanaGold Co. (TSE:OGCFree Report) – Analysts at National Bank Financial decreased their FY2026 earnings estimates for OceanaGold in a research note issued on Sunday, June 9th. National Bank Financial analyst M. Parkin now anticipates that the company will post earnings per share of $0.50 for the year, down from their prior forecast of $0.51. National Bank Financial has a “Outperform Overweight” rating on the stock. The consensus estimate for OceanaGold’s current full-year earnings is $0.31 per share.

OceanaGold (TSE:OGCGet Free Report) last issued its quarterly earnings data on Tuesday, April 30th. The company reported C$0.01 earnings per share for the quarter, missing the consensus estimate of C$0.02 by C($0.01). The company had revenue of C$364.40 million during the quarter. OceanaGold had a net margin of 3.69% and a return on equity of 2.29%.

A number of other equities analysts have also commented on OGC. Cormark lowered their price target on shares of OceanaGold from C$3.25 to C$3.00 in a research report on Monday, February 26th. Raymond James raised their target price on shares of OceanaGold from C$4.50 to C$5.00 in a report on Tuesday, April 23rd. National Bankshares decreased their target price on shares of OceanaGold from C$4.75 to C$4.50 in a report on Thursday, May 2nd. BMO Capital Markets decreased their target price on shares of OceanaGold from C$4.25 to C$3.75 in a report on Thursday, February 22nd. Finally, Jefferies Financial Group raised their target price on shares of OceanaGold from C$3.50 to C$4.00 and gave the company a “buy” rating in a report on Monday, April 22nd. Five analysts have rated the stock with a buy rating, According to data from MarketBeat.com, OceanaGold has an average rating of “Buy” and an average price target of C$4.19.

View Our Latest Stock Report on OceanaGold

OceanaGold Price Performance

Shares of OGC opened at C$3.06 on Tuesday. The firm has a market capitalization of C$2.18 billion, a PE ratio of 43.71 and a beta of 1.61. The company’s 50-day moving average is C$3.15 and its 200-day moving average is C$2.80. OceanaGold has a fifty-two week low of C$2.08 and a fifty-two week high of C$3.50.

About OceanaGold

(Get Free Report)

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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Earnings History and Estimates for OceanaGold (TSE:OGC)

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