William Harry Myckatyn Sells 5,500 Shares of OceanaGold Co. (OGC) Stock
OceanaGold Co. (TSE:OGC) Director William Harry Myckatyn sold 5,500 shares of the business’s stock in a transaction dated Wednesday, August 30th. The shares were sold at an average price of C$3.86, for a total transaction of C$21,230.00.
Shares of OceanaGold Co. (OGC) traded up 0.26% during trading on Friday, hitting $3.89. 748,224 shares of the stock traded hands. The company’s 50 day moving average is $3.61 and its 200 day moving average is $4.05. OceanaGold Co. has a 52-week low of $3.24 and a 52-week high of $5.00. The firm has a market cap of $2.39 billion and a PE ratio of 17.68.
Several equities analysts have weighed in on the stock. Scotiabank began coverage on shares of OceanaGold in a report on Tuesday, June 27th. They issued an “outperform” rating and a C$5.00 target price on the stock. Raymond James Financial, Inc. restated an “outperform” rating and issued a C$5.60 price objective on shares of OceanaGold in a report on Tuesday, June 27th. Royal Bank Of Canada restated an “outperform” rating on shares of OceanaGold in a report on Tuesday, June 27th. Finally, BMO Capital Markets restated a “market perform” rating and issued a C$4.50 price objective on shares of OceanaGold in a report on Tuesday, June 27th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of C$5.03.
OceanaGold Corporation, a gold mining company, explores for, develops, and operates mineral properties in the Philippines, New Zealand, and the United States. The company explores for gold and copper deposits. Its flagship asset is the Didipio gold-copper mine located on the island of Luzon in the Philippines.
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