Q1 2025 EPS Estimates for OceanaGold Co. (TSE:OGC) Lifted by Raymond James

OceanaGold Co. (TSE:OGC) – Analysts at Raymond James boosted their Q1 2025 EPS estimates for shares of OceanaGold in a research note issued to investors on Monday, September 23rd. Raymond James analyst F. Hamed now expects that the company will post earnings of $0.16 per share for the quarter, up from their prior forecast of $0.11. The consensus estimate for OceanaGold’s current full-year earnings is $0.62 per share. Raymond James also issued estimates for OceanaGold’s Q2 2025 earnings at $0.14 EPS, Q3 2025 earnings at $0.14 EPS, Q4 2025 earnings at $0.14 EPS and FY2025 earnings at $0.57 EPS.

OceanaGold (TSE:OGC) last posted its earnings results on Tuesday, July 30th. The company reported C$0.05 earnings per share for the quarter, meeting analysts’ consensus estimates of C$0.05. The business had revenue of C$343.70 million for the quarter. OceanaGold had a net margin of 0.10% and a return on equity of 0.24%.

Several other analysts have also recently weighed in on the stock. Desjardins upped their price objective on shares of OceanaGold from C$4.90 to C$5.50 and gave the stock a “buy” rating in a research note on Monday, July 22nd. Jefferies Financial Group upped their price objective on shares of OceanaGold from C$4.00 to C$5.00 in a research note on Friday, July 12th. Royal Bank of Canada upped their target price on shares of OceanaGold from C$5.00 to C$5.50 and gave the stock an “outperform” rating in a research report on Tuesday, September 10th. Canaccord Genuity Group upped their target price on shares of OceanaGold from C$4.50 to C$5.50 and gave the stock a “strong-buy” rating in a research report on Tuesday, July 23rd. Finally, Scotiabank upped their target price on shares of OceanaGold from C$4.25 to C$4.75 in a research report on Monday, August 19th. Seven analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of C$4.83.

OceanaGold Stock Down 5.1 %

TSE OGC opened at C$3.73 on Thursday. The stock has a market cap of C$2.65 billion, a P/E ratio of 373.00 and a beta of 1.61. OceanaGold has a twelve month low of C$2.08 and a twelve month high of C$4.18. The company’s 50-day simple moving average is C$3.58 and its 200 day simple moving average is C$3.30.

OceanaGold Increases Dividend

The business also recently disclosed a Semi-Annual dividend, which will be paid on Friday, October 11th. Stockholders of record on Thursday, August 29th will be given a dividend of $0.014 per share. This is an increase from OceanaGold’s previous Semi-Annual dividend of $0.01. The ex-dividend date is Thursday, August 29th. OceanaGold’s dividend payout ratio is currently 300.00%.

OceanaGold Company Profile

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.