Raymond James Has Negative Outlook of OceanaGold Q1 Earnings

OceanaGold Co. (TSE:OGC) – Equities researchers at Raymond James dropped their Q1 2025 EPS estimates for shares of OceanaGold in a note issued to investors on Thursday, December 12th. Raymond James analyst F. Hamed now expects that the company will post earnings of $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) last announced its earnings results on Wednesday, November 6th. The company reported C$0.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.14 by C($0.02). OceanaGold had a return on equity of 0.24% and a net margin of 0.10%. The business had revenue of C$470.93 million for the quarter.

Several other analysts have also recently issued reports on OGC. CIBC cut their price target on shares of OceanaGold from C$6.00 to C$5.75 in a report on Friday. Royal Bank of Canada upped their target price on shares of 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. Finally, 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 research note on Wednesday, October 23rd. Five analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of C$5.10.

OceanaGold Trading Down 0.5 %

OceanaGold stock opened at C$4.06 on Monday. OceanaGold has a 52 week low of C$2.08 and a 52 week high of C$4.57. The stock has a market cap of C$2.89 billion, a P/E ratio of 406.00 and a beta of 1.62. The stock has a 50 day moving average of C$4.09 and a 200-day moving average of C$3.66.

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.