OceanaGold Co. (TSE:OGC – Free Report) – Equities researchers at Scotiabank cut their FY2027 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 $6.10 per share for the year, down from their previous estimate of $6.27. The consensus estimate for OceanaGold’s current full-year earnings is $0.63 per share.
OceanaGold (TSE:OGC – Get Free Report) last announced its earnings results on Wednesday, May 6th. The company reported C$1.40 earnings per share (EPS) for the quarter. OceanaGold had a net margin of 33.78% and a return on equity of 34.87%. The business had revenue of C$993.37 million during the quarter.
Check Out Our Latest Research Report on OGC
OceanaGold Price Performance
OGC stock opened at C$31.20 on Monday. The firm has a 50 day simple moving average of C$37.76 and a two-hundred day simple moving average of C$43.69. The stock has a market cap of C$6.98 billion, a PE ratio of 9.51 and a beta of 2.71. OceanaGold has a one year low of C$18.52 and a one year high of C$59.20.
Insider Activity at OceanaGold
In related news, insider Brian Douglas Martin sold 30,000 shares of the firm’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of C$40.47, for a total transaction of C$1,214,100.00. Following the transaction, the insider directly owned 19,363 shares of the company’s stock, valued at approximately C$783,620.61. This trade represents a 60.77% decrease in their position. Company 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.
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