OceanaGold Co. (OGC) Receives C$5.32 Consensus Price Target from Analysts
Shares of OceanaGold Co. (TSE:OGC) have earned a consensus rating of “Buy” from the seven research firms that are covering the firm, Marketbeat reports. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is C$5.32.
A number of research analysts recently commented on the company. Scotiabank restated an “outperform” rating and issued a C$5.00 target price on shares of OceanaGold in a research note on Wednesday, October 4th. Desjardins restated a “buy” rating and issued a C$5.75 target price on shares of OceanaGold in a research note on Friday, September 29th. Finally, National Bank Financial upped their target price on OceanaGold from C$5.00 to C$5.75 and gave the company an “outperform” rating in a research note on Wednesday, October 18th.
Shares of OceanaGold (TSE:OGC) traded down C$0.03 during mid-day trading on Thursday, hitting C$3.48. The stock had a trading volume of 299,884 shares, compared to its average volume of 964,210. OceanaGold has a one year low of C$3.24 and a one year high of C$5.00.
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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