OceanaGold Co. (TSE:OGC – Get Free Report)’s share price shot up 6.1% during mid-day trading on Thursday. The stock traded as high as C$39.20 and last traded at C$38.25. 374,542 shares changed hands during mid-day trading, a decline of 56% from the average daily volume of 854,108 shares. The stock had previously closed at C$36.04.
OceanaGold Stock Performance
The business’s fifty day moving average is C$38.75 and its 200-day moving average is C$41.79. The firm has a market cap of C$8.49 billion, a P/E ratio of 10.13 and a beta of 2.69.
OceanaGold (TSE:OGC – Get Free Report) last posted its earnings results on Wednesday, November 4th. The company reported C$1.34 earnings per share for the quarter. OceanaGold had a net margin of 35.22% and a return on equity of 37.64%. The firm had revenue of C$932.33 million for the quarter. Analysts predict that OceanaGold Co. will post 0.63 EPS for the current fiscal year.
About OceanaGold
OceanaGold is a global intermediate gold and copper producer committed to safely and responsibly maximizing the generation of Free Cash Flow from our operations and delivering strong returns for our shareholders. We have a portfolio of four operating mines: the wholly-owned Haile Gold Mine in the United States of America ; the wholly-owned Macraes and Waihi operations in New Zealand ; and the 80%-owned Didipio Mine in the Philippines.
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