OceanaGold (TSE:OGC - Get Free Report) had its price objective lowered by investment analysts at BMO Capital Markets from C$6.25 to C$5.75 in a research note issued on Thursday,BayStreet.CA reports. BMO Capital Markets' price objective would suggest a potential upside of 43.75% from the company's previous close.
OGC has been the topic of several other reports. CIBC reduced their price objective on OceanaGold from C$6.00 to C$5.75 in a research note on Friday, December 13th. TD Securities upgraded OceanaGold to a "strong-buy" rating in a research report on Tuesday, February 4th. National Bankshares cut their price objective on shares of OceanaGold from C$6.00 to C$5.50 and set an "outperform" rating on the stock in a research report on Wednesday, October 23rd. Royal Bank of Canada raised their target price on shares of OceanaGold from C$5.50 to C$6.00 in a report on Friday, December 6th. Finally, Scotiabank upped their price target on shares of OceanaGold from C$6.00 to C$6.25 in a report on Wednesday, January 15th. Four analysts have rated the stock with a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Buy" and an average price target of C$5.33.
Get Our Latest Research Report on OceanaGold
OceanaGold Stock Performance
Shares of TSE:OGC traded down C$0.14 on Thursday, reaching C$4.00. The company's stock had a trading volume of 2,309,352 shares, compared to its average volume of 1,400,807. The company has a 50-day simple moving average of C$4.18 and a 200 day simple moving average of C$3.96. OceanaGold has a 52-week low of C$2.08 and a 52-week high of C$4.80. The company has a market cap of C$1.99 billion, a P/E ratio of 32.44 and a beta of 1.62.
About OceanaGold
(
Get Free Report)
OceanaGold Corporation, a gold and copper producer, engages in exploration, development, and operation of mineral properties in the United States, the Philippines, and New Zealand. It explores for gold, copper, and silver deposits. OceanaGold Corporation was founded in 2003 and is based in Vancouver, Canada.
Featured Stories
Before you consider OceanaGold, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and OceanaGold wasn't on the list.
While OceanaGold currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
