OceanaGold Q2 EPS Decreased by Raymond James Financial

OceanaGold Co. (TSE:OGC) – Raymond James Financial lowered their Q2 2025 earnings estimates for OceanaGold in a research note issued on Monday, June 23rd. Raymond James Financial analyst F. Hamed now anticipates that the company will post earnings per share of $0.26 for the quarter, down from their prior forecast of $0.39. Raymond James Financial 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.

Several other research firms have also recently issued reports on OGC. Scotiabank increased their price objective on OceanaGold from C$6.50 to C$20.50 and gave the stock an “outperform” rating in a research report on Tuesday. Royal Bank Of Canada increased their price target on shares of OceanaGold from C$21.00 to C$24.00 in a report on Tuesday, June 3rd. Finally, National Bank Financial raised shares of OceanaGold to a “strong-buy” rating in a report on Friday, March 21st. One equities research analyst has rated the stock with a hold rating, five have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of C$18.61.

OceanaGold Price Performance

OGC opened at C$18.68 on Thursday. OceanaGold has a 12 month low of C$8.94 and a 12 month high of C$21.21. The stock has a market capitalization of C$9.28 billion, a P/E ratio of 151.49 and a beta of 1.62. The business has a 50 day simple moving average of C$17.74 and a 200-day simple moving average of C$14.50.

Insider Activity

In other news, Director Ian Macnevin Reid bought 8,666 shares of the business’s stock in a transaction that occurred on Thursday, May 15th. The stock was purchased at an average price of C$16.89 per share, with a total value of C$146,368.74. Company insiders own 0.15% of the company’s stock.

About OceanaGold

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.