OceanaGold Co. (OGC) Receives Outperform Rating from Scotiabank
Several other equities analysts have also issued reports on OGC. Desjardins reissued a buy rating and set a C$5.75 price objective on shares of OceanaGold in a report on Friday, September 29th. BMO Capital Markets reissued a market perform rating and set a C$4.50 price objective on shares of OceanaGold in a report on Tuesday, June 27th. National Bank Financial reissued an outperform rating and set a C$5.00 price objective on shares of OceanaGold in a report on Saturday, September 23rd. Royal Bank Of Canada reissued an outperform rating on shares of OceanaGold in a report on Tuesday, June 27th. Finally, Raymond James Financial, Inc. reissued an outperform rating and set a C$5.60 price objective on shares of OceanaGold in a report on Tuesday, June 27th. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. The stock currently has a consensus rating of Buy and an average price target of C$5.17.
OceanaGold (TSE:OGC) traded up 0.25% during mid-day trading on Wednesday, hitting $3.94. The company had a trading volume of 1,243,229 shares. OceanaGold has a 1-year low of $3.24 and a 1-year high of $5.00. The firm has a market capitalization of $2.42 billion and a PE ratio of 17.91. The company has a 50 day moving average of $3.80 and a 200 day moving average of $4.02.
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OceanaGold Company Profile
OceanaGold Corporation is a gold mining company. The Company is engaged in the exploration, development and operation of gold and other mineral mining activities. The Company’s segments are New Zealand, the Philippines, the United States and All other segments. The Company’s assets encompass its flagship operation, the Didipio Gold-Copper Mine located on the island of Luzon in the Philippines.
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