Scotiabank Forecasts OceanaGold’s FY2026 Earnings (TSE:OGC)

OceanaGold Co. (TSE:OGC) – Stock analysts at Scotiabank dropped their FY2026 earnings per share estimates for OceanaGold in a research report issued to clients and investors on Wednesday, July 15th. Scotiabank analyst O. Habib now expects that the company will post earnings per share of $6.59 for the year, down from their prior forecast of $6.71. The consensus estimate for OceanaGold’s current full-year earnings is $0.63 per share.

OceanaGold (TSE:OGC) last released its earnings results on Wednesday, May 6th. The company reported C$1.40 earnings per share (EPS) for the quarter. OceanaGold had a net margin of 33.78% and a return on equity of 34.87%. The company had revenue of C$993.37 million for the quarter.

Separately, TD lifted their target price on shares of OceanaGold from C$55.00 to C$56.00 and gave the stock a “buy” rating in a report on Tuesday, April 21st. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of C$60.12.

OceanaGold Price Performance

OGC opened at C$31.42 on Friday. The firm has a 50 day simple moving average of C$38.03 and a 200 day simple moving average of C$43.70. OceanaGold has a fifty-two week low of C$18.52 and a fifty-two week high of C$59.20. The company has a market cap of C$7.03 billion, a price-to-earnings ratio of 9.58 and a beta of 2.71.

Insider Buying and Selling at OceanaGold

In related news, insider Brian Douglas Martin sold 30,000 shares of the business’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of C$40.47, for a total value of C$1,214,100.00. Following the completion of the transaction, the insider directly owned 19,363 shares in the company, valued at approximately C$783,620.61. The trade was a 60.77% decrease in their position. 0.15% of the stock is owned by company insiders.

About OceanaGold

OceanaGold is a global 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 wholly-owned Haile Gold Mine in the United States of America ; the wholly-owned Macraes and Waihi operations in New Zealand ; and the 80%-owned Didipio Mine in the Philippines.