The Globe and Mail reports in its Wednesday, Nov. 12, edition that National Bank Financial analyst Don DeMarco continues to rank Oceanagold "outperform." The Globe's David Leeder writes in the Eye On Equities column that Mr. DeMarco gave his share target a $4 boost to $45. Analysts on average target the shares at $26.63. Mr. DeMarco says in a note: "Strength from Q4 to be carried into 2026. 2025 has been all about accessing grade at the two largest mines that represent 75-per-cent production, with completion of waste stripping have been investing heavily to access Innes Mills Phase eight at Macraes, and Ledbetter Phase three at Haile. Haile and Macraes tech reports out by end of Q1/26, the essence of each will be reflected in 2026 guidance. With guidance, will increase reserve price from $1,700/oz, but won't affect many reserves other than Macres (resource booked at $1,950)." The Globe reported on Sept. 9 that TD Cowen analyst Wayne Lam, seeing "clearer waters ahead," upgraded Oceanagold to "buy" from "hold," believing it is "primed for growth in 2026." The shares could then be had for $27.32.