FY2027 Earnings Forecast for OceanaGold Issued By Scotiabank

OceanaGold Co. (TSE:OGCFree Report) – Analysts at Scotiabank dropped their FY2027 EPS estimates for OceanaGold in a research report issued on Wednesday, August 19th. Scotiabank analyst O. Habib now expects that the company will post earnings of $5.90 per share for the year, down from their previous forecast of $5.93. The consensus estimate for OceanaGold’s current full-year earnings is $0.63 per share.

OceanaGold Trading Up 1.5%

TSE:OGC opened at C$42.38 on Friday. The company has a market capitalization of C$9.43 billion, a P/E ratio of 11.24 and a beta of 2.70. The firm has a 50-day moving average price of C$36.18 and a two-hundred day moving average price of C$42.36. OceanaGold has a twelve month low of C$22.71 and a twelve month high of C$59.20.

OceanaGold (TSE:OGCGet Free Report) last released its earnings results on Wednesday, August 5th. The company reported C$1.39 EPS for the quarter. The company had revenue of C$919.67 million during the quarter. OceanaGold had a return on equity of 37.64% and a net margin of 35.22%.

Insider Buying and Selling at OceanaGold

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

OceanaGold Company Profile

(Get Free Report)

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.

Read More

Earnings History and Estimates for OceanaGold (TSE:OGC)

Receive News & Ratings for OceanaGold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OceanaGold and related companies with MarketBeat.com's FREE daily email newsletter.