OceanaGold (TSE:OGC) Stock Price Expected to Rise, Scotiabank Analyst Says

OceanaGold (TSE:OGC) had its target price upped by Scotiabank from C$6.00 to C$6.25 in a research report sent to investors on Wednesday,BayStreet.CA reports. Scotiabank also issued estimates for OceanaGold’s FY2026 earnings at $0.45 EPS.

A number of other equities analysts also recently commented on the stock. CIBC lowered their target price on shares of OceanaGold from C$6.00 to C$5.75 in a research note on Friday, December 13th. Royal Bank of Canada increased their price objective on OceanaGold from C$5.50 to C$6.00 in a report on Friday, December 6th. Finally, National Bankshares cut their target price on OceanaGold from C$6.00 to C$5.50 and set an “outperform” rating on the stock in a research report on Wednesday, October 23rd. Five investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, OceanaGold currently has a consensus rating of “Buy” and a consensus target price of C$5.13.

OceanaGold Stock Performance

Shares of OGC opened at C$4.05 on Wednesday. OceanaGold has a 1 year low of C$2.08 and a 1 year high of C$4.57. The stock has a market capitalization of C$2.88 billion, a PE ratio of 405.00 and a beta of 1.62. The stock has a 50-day simple moving average of C$4.10 and a 200-day simple moving average of C$3.78.

OceanaGold (TSE:OGC) last issued its quarterly 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 firm had revenue of C$470.93 million during the quarter. Analysts predict that OceanaGold will post 0.6283048 EPS for the current year.

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.