OceanaGold Co. (TSE:OGC – Free Report) – Investment analysts at National Bank Financial reduced their FY2025 earnings estimates for OceanaGold in a research report issued to clients and investors on Tuesday, March 11th. National Bank Financial analyst M. Parkin now expects that the company will earn $0.70 per share for the year, down from their prior estimate of $0.72. The consensus estimate for OceanaGold’s current full-year earnings is $0.63 per share.
Several other equities analysts have also commented on OGC. BMO Capital Markets lowered their price target on shares of OceanaGold from C$6.25 to C$5.75 in a research report on Thursday, February 20th. TD Securities lowered shares of OceanaGold from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 27th. CIBC lowered their price target on shares of OceanaGold from C$6.00 to C$5.75 in a research report on Friday, December 13th. Royal Bank of Canada upped their price target on shares of OceanaGold from C$5.50 to C$6.00 in a research report on Friday, December 6th. Finally, Scotiabank upped their price target on shares of OceanaGold from C$6.00 to C$6.25 in a research report on Wednesday, January 15th. One equities research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of C$5.58.
OceanaGold Stock Performance
OceanaGold stock opened at C$4.01 on Thursday. The company has a 50-day simple moving average of C$4.15 and a 200-day simple moving average of C$4.00. The firm has a market capitalization of C$1.99 billion, a P/E ratio of 32.52 and a beta of 1.62. OceanaGold has a one year low of C$2.67 and a one year high of C$4.80.
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.
Further Reading
- Five stocks we like better than OceanaGold
- How to invest in marijuana stocks in 7 steps
- Ramaco Resources Pins Hopes on Coal’s Untapped Potential
- How to Buy Cheap Stocks Step by Step
- NVIDIA’s Soaring Energy Needs Make These 3 Nuclear Stocks a Buy
- How to Use Stock Screeners to Find Stocks
- Why Energy Transfer Belongs on Your Watchlist
Receive News & Ratings for OceanaGold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OceanaGold and related companies with MarketBeat.com's FREE daily email newsletter.