OceanaGold Co. (TSE:OGC - Free Report) - Investment analysts at Raymond James cut their Q1 2025 earnings per share (EPS) estimates for OceanaGold in a research note issued on Thursday, December 12th. Raymond James analyst F. Hamed now expects that the company will earn $0.14 per share for the quarter, down from their previous forecast of $0.15. The consensus estimate for OceanaGold's current full-year earnings is $0.63 per share. Raymond James also issued estimates for OceanaGold's Q2 2025 earnings at $0.11 EPS, Q3 2025 earnings at $0.10 EPS, Q4 2025 earnings at $0.10 EPS and FY2025 earnings at $0.45 EPS.
OceanaGold (TSE:OGC - Get Free Report) last issued its quarterly earnings results on Wednesday, November 6th. The company reported C$0.12 earnings per share for the quarter, missing analysts' consensus estimates of C$0.14 by C($0.02). The business had revenue of C$470.93 million during the quarter. OceanaGold had a net margin of 0.10% and a return on equity of 0.24%.
Several other equities research analysts have also weighed in on OGC. Royal Bank of Canada raised their price objective on OceanaGold from C$5.50 to C$6.00 in a research note on Friday, December 6th. Scotiabank lifted their price target on OceanaGold from C$4.75 to C$6.00 in a research note on Thursday, November 21st. National Bankshares cut their price objective on OceanaGold from C$6.00 to C$5.50 and set an "outperform" rating on the stock in a report on Wednesday, October 23rd. Finally, CIBC decreased their target price on shares of OceanaGold from C$6.00 to C$5.75 in a report on Friday. Five research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Buy" and a consensus target price of C$5.10.
Check Out Our Latest Analysis on OGC
Shares of TSE:OGC opened at C$4.08 on Monday. The stock has a market capitalization of C$2.90 billion, a price-to-earnings ratio of 408.00 and a beta of 1.62. OceanaGold has a 1-year low of C$2.08 and a 1-year high of C$4.57. The company has a 50 day moving average price of C$4.08 and a 200 day moving average price of C$3.65.
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.
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