National Bank Financial lowered its FY2024 earnings estimate for OceanaGold (TSE:OGC) to $0.30/share.

National Bank Financial lowered its FY2024 earnings estimate for OceanaGold (TSE:OGC) to $0.30/share from $0.50, while maintaining an "Outperform Overweight" rating. Other brokerages also revised their targets: Cormark to C$3.00 from C$3.25, and National Bankshares to C$3.75 from C$4.00. The consensus estimate is $0.39/share, and FY2025 EPS estimates are at $0.46. OceanaGold hit a new 1-year low of $2.08.

February 28, 2024
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