FY2026 Earnings Estimate for Oceanagold Issued By Scotiabank

Oceanagold Corp. (NYSE:OGC) – Stock analysts at Scotiabank reduced their FY2026 earnings estimates for Oceanagold in a research report issued on Tuesday, August 4th. Scotiabank analyst O. Habib now forecasts that the company will post earnings of $4.38 per share for the year, down from their prior forecast of $4.69. Scotiabank has a “Strong-Buy” rating on the stock. Scotiabank also issued estimates for Oceanagold’s FY2027 earnings at $4.21 EPS.

Oceanagold (NYSE:OGC) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.98 EPS for the quarter, beating the consensus estimate of $0.93 by $0.05.

A number of other analysts also recently commented on the company. Jefferies Financial Group upgraded Oceanagold to a “strong-buy” rating in a research note on Tuesday, June 9th. Zacks Research cut Oceanagold from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 7th. Finally, Weiss Ratings downgraded Oceanagold from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, June 8th. Two 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, the company presently has an average rating of “Buy”.

Oceanagold Price Performance

NYSE OGC opened at $26.93 on Thursday. The company’s 50-day moving average is $25.44. The stock has a market cap of $5.99 billion and a price-to-earnings ratio of 26.66. Oceanagold has a fifty-two week low of $14.19 and a fifty-two week high of $43.33.

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.