Scotiabank Has Optimistic View of OceanaGold FY2026 Earnings

OceanaGold Co. (TSE:OGC) – Research analysts at Scotiabank raised their FY2026 EPS estimates for shares of OceanaGold in a research report issued to clients and investors on Wednesday, August 19th. Scotiabank analyst O. Habib now expects that the company will earn $6.31 per share for the year, up from their previous estimate of $6.17. The consensus estimate for OceanaGold’s current full-year earnings is $0.63 per share.

OceanaGold (TSE:OGC) last posted its quarterly earnings data on Wednesday, August 5th. The company reported C$1.39 earnings per share for the quarter. The company had revenue of C$919.67 million for the quarter. OceanaGold had a net margin of 35.22% and a return on equity of 37.64%.

OceanaGold Stock Performance

OGC opened at C$43.22 on Monday. The stock has a market cap of C$9.61 billion, a price-to-earnings ratio of 11.46 and a beta of 2.70. The stock’s 50 day moving average price is C$36.39 and its 200-day moving average price is C$42.30. OceanaGold has a one year low of C$23.32 and a one year high of C$59.20.

Insider Activity

In other OceanaGold news, insider Brian Douglas Martin sold 30,000 shares of the company’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of C$40.47, for a total value of C$1,214,100.00. Following the transaction, the insider directly owned 19,363 shares in the company, valued at C$783,620.61. This represents a 60.77% decrease in their position. Corporate insiders own 0.15% of the company’s stock.

OceanaGold Company Profile

OceanaGold is a global intermediate gold and copper producer committed to safely and responsibly maximizing the generation of Free Cash Flow from our operations and delivering strong returns for our shareholders. We have a portfolio of four operating mines: the wholly-owned Haile Gold Mine in the United States of America ; the wholly-owned Macraes and Waihi operations in New Zealand ; and the 80%-owned Didipio Mine in the Philippines.