
Oceanagold Corp. (NYSE:OGC – Free Report) – Research analysts at Scotiabank lowered their FY2026 EPS estimates for Oceanagold in a report released on Wednesday, July 15th. Scotiabank analyst O. Habib now expects that the company will post earnings per share of $4.69 for the year, down from their previous forecast of $4.89. Scotiabank has a “Strong-Buy” rating on the stock. Scotiabank also issued estimates for Oceanagold’s FY2027 earnings at $4.34 EPS.
Several other equities research analysts have also recently issued reports on OGC. Weiss Ratings cut shares of Oceanagold from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, June 8th. Zacks Research lowered Oceanagold from a “hold” rating to a “strong sell” rating in a report on Tuesday, July 7th. Finally, Jefferies Financial Group upgraded Oceanagold to a “strong-buy” rating in a research note on Tuesday, June 9th. Two equities research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy”.
Oceanagold Stock Down 4.1%
Shares of Oceanagold stock opened at $22.53 on Friday. Oceanagold has a 52-week low of $13.16 and a 52-week high of $43.33. The business has a 50 day moving average price of $26.35. The stock has a market capitalization of $5.02 billion and a P/E ratio of 22.31.
Oceanagold Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, June 19th. Shareholders of record on Wednesday, May 20th were paid a $0.09 dividend. This represents a $0.36 annualized dividend and a yield of 1.6%. The ex-dividend date was Wednesday, May 20th. Oceanagold’s dividend payout ratio is currently 35.64%.
OceanaGold Corporation is a gold and copper mining company that explores for, develops, and operates precious metals projects. The company’s portfolio includes producing mines and development assets, with a focus on the extraction and processing of gold and copper from its owned and operated operations.
Founded in 1989, OceanaGold has built a business centered on long-life mineral assets and responsible mining practices. Its operations have historically been located in the Asia-Pacific region, including New Zealand, the Philippines, and the United States, giving it exposure to several established mining jurisdictions.
The company is headquartered in Vancouver, Canada.
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