Q1 2025 EPS Estimates for OceanaGold Co. (TSE:OGC) Lowered by Analyst

OceanaGold Co. (TSE:OGC) – Analysts at Raymond James lowered their Q1 2025 earnings per share (EPS) estimates for OceanaGold in a research report issued to clients and investors on Monday, July 22nd. Raymond James analyst F. Hamed now forecasts that the company will post earnings per share of $0.11 for the quarter, down from their previous forecast of $0.12. The consensus estimate for OceanaGold’s current full-year earnings is $0.31 per share. Raymond James also issued estimates for OceanaGold’s Q2 2025 earnings at $0.08 EPS, Q3 2025 earnings at $0.08 EPS, Q4 2025 earnings at $0.08 EPS and FY2025 earnings at $0.35 EPS.

OceanaGold (TSE:OGC) last posted its quarterly earnings results on Tuesday, April 30th. The company reported C$0.01 EPS for the quarter, missing analysts’ consensus estimates of C$0.02 by C($0.01). The firm had revenue of C$364.40 million during the quarter. OceanaGold had a return on equity of 2.29% and a net margin of 3.69%.

Several other brokerages also recently issued reports on OGC. Royal Bank of Canada upgraded OceanaGold to a “moderate buy” rating in a research report on Wednesday, June 12th. Canaccord Genuity Group boosted their target price on OceanaGold from C$4.50 to C$5.50 and gave the stock a “strong-buy” rating in a report on Tuesday. National Bankshares upped their price target on OceanaGold from C$4.50 to C$5.00 and gave the company an “outperform” rating in a report on Wednesday, July 17th. National Bank Financial reaffirmed an “outperform overweight” rating on shares of OceanaGold in a report on Monday, April 8th. Finally, Jefferies Financial Group boosted their target price on shares of OceanaGold from C$4.00 to C$5.00 in a research note on Friday, July 12th. Six analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of C$4.69.

OceanaGold Stock Down 2.7 %

Shares of OGC stock opened at C$3.54 on Wednesday. The business has a 50 day moving average of C$3.31 and a two-hundred day moving average of C$3.00. OceanaGold has a 52 week low of C$2.08 and a 52 week high of C$3.84. The company has a market cap of C$2.52 billion, a P/E ratio of 50.57 and a beta of 1.61.

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.