OceanaGold Co. (OTCMKTS:OCANF) Given Consensus Rating of “Buy” by Brokerages

Shares of OceanaGold Co. (OTCMKTS:OCANF) have been assigned a consensus rating of “Buy” from the six brokerages that are covering the company, MarketBeat Ratings reports. Six investment analysts have rated the stock with a buy rating.

A number of equities research analysts have issued reports on OCANF shares. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of OceanaGold in a research note on Wednesday, February 4th. Scotiabank reaffirmed an “outperform” rating on shares of OceanaGold in a report on Monday, January 26th.

OceanaGold Stock Performance

OCANF stock opened at $31.78 on Friday. OceanaGold has a 1 year low of $8.79 and a 1 year high of $43.33. The stock’s fifty day moving average is $34.66 and its two-hundred day moving average is $30.24.

About OceanaGold

OceanaGold Corporation is an international gold and copper producer headquartered in Melbourne, Australia. The company focuses on the exploration, development and operation of open pit and underground mines across the Asia–Pacific and North America regions. Its core operations include the Didipio mine in the Philippines, the Macraes and Waihi gold mines in New Zealand and the Haile gold mine in South Carolina, United States. OceanaGold’s portfolio spans proven reserves, near‐mine development projects and exploration tenements, providing a balanced mix of production and growth assets.

Founded in 2005 as a spin-off from Placer Dome, OceanaGold has grown through strategic acquisitions and organic development.