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

OceanaGold Co. (TSE:OGC) – Investment analysts at Raymond James boosted their Q1 2025 earnings estimates for shares of OceanaGold in a report released 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 previous 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.

Several other equities analysts have also commented on OGC. Jefferies Financial Group raised their target price on shares of OceanaGold from C$4.00 to C$5.00 in a report on Friday, July 12th. Scotiabank lifted their price target on shares of OceanaGold from C$4.25 to C$4.75 in a report on Monday, August 19th. Desjardins boosted their target price on shares of OceanaGold from C$4.90 to C$5.50 and gave the stock a “buy” rating in a report on Monday, July 22nd. CIBC boosted their target price on shares of OceanaGold from C$5.00 to C$5.25 in a report on Wednesday, July 10th. Finally, Canaccord Genuity Group boosted 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 report on Tuesday, July 23rd. Seven research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, OceanaGold has an average rating of “Buy” and a consensus target price of C$4.83.

OceanaGold Stock Down 5.1 %

OGC stock opened at C$3.73 on Thursday. OceanaGold has a 12 month low of C$2.08 and a 12 month high of C$4.18. The firm has a market cap of C$2.65 billion, a P/E ratio of 373.00 and a beta of 1.61. The company’s 50-day moving average price is C$3.58 and its two-hundred day moving average price is C$3.30.

OceanaGold (TSE:OGC) last issued its quarterly earnings data on Tuesday, July 30th. The company reported C$0.05 earnings per share for the quarter, hitting the consensus estimate of C$0.05. OceanaGold had a net margin of 0.10% and a return on equity of 0.24%. The business had revenue of C$343.70 million during the quarter.

OceanaGold Increases Dividend

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

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.