FY2026 Earnings Estimate for Oceanagold Issued By Scotiabank

Oceanagold Corp. (NYSE:OGC) – Analysts at Scotiabank reduced their FY2026 earnings estimates for Oceanagold in a research note issued to investors on Wednesday, July 15th. Scotiabank analyst O. Habib now expects that the company will earn $4.69 per share for the year, down from their prior estimate of $4.89. Scotiabank currently has a “Strong-Buy” rating on the stock. Scotiabank also issued estimates for Oceanagold’s FY2027 earnings at $4.34 EPS.

Several other research analysts also recently weighed in on the company. Weiss Ratings downgraded Oceanagold from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, June 8th. Zacks Research cut Oceanagold from a “hold” rating to a “strong sell” rating in a research note on Tuesday, July 7th. Finally, Jefferies Financial Group raised Oceanagold to a “strong-buy” rating in a report on Tuesday, June 9th. Two investment analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy”.

Oceanagold Stock Performance

NYSE OGC 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’s 50-day moving average is $26.35. The stock has a market capitalization of $5.02 billion and a price-to-earnings ratio of 22.31.

Oceanagold Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 19th. Stockholders of record on Wednesday, May 20th were paid a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend was Wednesday, May 20th. Oceanagold’s dividend payout ratio is 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.