Shares of OceanaGold Co. (TSE:OGC - Get Free Report) have earned a consensus recommendation of "Buy" from the six research firms that are currently covering the stock, MarketBeat Ratings reports. Four investment analysts have rated the stock with a buy recommendation and two have issued a strong buy recommendation on the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is C$5.13.
Several analysts recently commented on the company. TD Securities raised OceanaGold to a "strong-buy" rating in a research note on Tuesday, February 4th. National Bankshares dropped their target price on shares of OceanaGold from C$6.00 to C$5.50 and set an "outperform" rating for the company in a research report on Wednesday, October 23rd. CIBC reduced their price target on shares of OceanaGold from C$6.00 to C$5.75 in a research report on Friday, December 13th. Royal Bank of Canada raised their price objective on shares of OceanaGold from C$5.50 to C$6.00 in a report on Friday, December 6th. Finally, Scotiabank boosted their target price on OceanaGold from C$6.00 to C$6.25 in a report on Wednesday, January 15th.
Read Our Latest Report on OceanaGold
OceanaGold Stock Down 2.7 %
OceanaGold stock traded down C$0.12 on Friday, hitting C$4.38. The company's stock had a trading volume of 1,101,870 shares, compared to its average volume of 1,242,248. OceanaGold has a one year low of C$2.08 and a one year high of C$4.80. The firm has a market cap of C$2.18 billion, a P/E ratio of 35.52 and a beta of 1.62. The company has a fifty day moving average price of C$4.19 and a 200-day moving average price of C$3.95.
OceanaGold Company Profile
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Get Free ReportOceanaGold 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.
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