Cormark Brokers Lower Earnings Estimates for OceanaGold

OceanaGold Co. (TSE:OGC) – Research analysts at Cormark dropped their Q3 2025 earnings per share estimates for shares of OceanaGold in a research note issued to investors on Tuesday, June 24th. Cormark analyst R. Gray now forecasts that the company will post earnings of $0.69 per share for the quarter, down from their prior estimate of $0.72. The consensus estimate for OceanaGold’s current full-year earnings is $0.63 per share. Cormark also issued estimates for OceanaGold’s Q4 2025 earnings at $0.83 EPS and FY2025 earnings at $2.65 EPS.

A number of other research analysts have also commented on OGC. Scotiabank upped their price target on OceanaGold from C$6.50 to C$20.50 and gave the company an “outperform” rating in a research report on Tuesday. Royal Bank Of Canada upped their price target on OceanaGold from C$21.00 to C$24.00 in a research report on Tuesday, June 3rd. Raymond James Financial upped their price target on OceanaGold from C$6.50 to C$24.00 and gave the company an “outperform” rating in a research report on Tuesday. Finally, National Bank Financial raised OceanaGold to a “strong-buy” rating in a research report on Friday, March 21st. One equities research analyst has rated the stock with a hold rating, five have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, OceanaGold presently has an average rating of “Buy” and a consensus target price of C$18.61.

OceanaGold Trading Down 5.1%

TSE OGC opened at C$18.68 on Thursday. OceanaGold has a 1-year low of C$8.94 and a 1-year high of C$21.21. The stock has a 50-day moving average of C$17.74 and a 200-day moving average of C$14.50. The firm has a market cap of C$9.28 billion, a PE ratio of 151.49 and a beta of 1.62.

Insider Transactions at OceanaGold

In other news, Director Ian Macnevin Reid bought 8,666 shares of the firm’s stock in a transaction dated 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. Corporate 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.