OceanaGold’s (OGC) Outperform Rating Reaffirmed at National Bank Financial
Other equities research analysts have also recently issued research reports about the stock. BMO Capital Markets restated a market perform rating and set a C$4.50 target price on shares of OceanaGold in a research note on Tuesday, June 27th. Royal Bank Of Canada restated an outperform rating on shares of OceanaGold in a research note on Tuesday, June 27th. Scotiabank set a C$5.00 target price on shares of OceanaGold and gave the stock an outperform rating in a research note on Friday, July 28th. Finally, Raymond James Financial, Inc. restated an outperform rating and set a C$5.60 target price on shares of OceanaGold in a research note on Tuesday, June 27th. One analyst has rated the stock with a hold rating and six have given a buy rating to the stock. The stock presently has a consensus rating of Buy and a consensus target price of C$5.03.
OceanaGold (TSE:OGC) opened at 3.63 on Friday. OceanaGold has a 52 week low of $3.24 and a 52 week high of $5.00. The company’s 50-day moving average is $3.74 and its 200 day moving average is $4.04. The stock has a market cap of $2.23 billion and a PE ratio of 16.50.
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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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