OceanaGold (TSE:OGC - Free Report) had its price target boosted by Royal Bank of Canada from C$5.50 to C$6.00 in a research note released on Friday,BayStreet.CA reports.
OGC has been the subject of several other reports. Scotiabank boosted their price target on OceanaGold from C$4.75 to C$6.00 in a report on Thursday, November 21st. CIBC lifted their price objective on OceanaGold from C$4.50 to C$6.00 in a research report on Monday, December 2nd. Finally, National Bankshares reduced their target price on 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. Five analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Buy" and a consensus target price of C$5.13.
View Our Latest Stock Report on OceanaGold
OceanaGold Price Performance
The stock has a market capitalization of C$3.14 billion, a P/E ratio of 441.00 and a beta of 1.62. The firm has a 50-day moving average of C$4.04 and a two-hundred day moving average of C$3.61. OceanaGold has a 12-month low of C$2.08 and a 12-month high of C$4.57.
OceanaGold (TSE:OGC - Get Free Report) last released its earnings results on Wednesday, November 6th. The company reported C$0.12 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of C$0.14 by C($0.02). The firm had revenue of C$470.93 million during the quarter. OceanaGold had a net margin of 0.10% and a return on equity of 0.24%. Sell-side analysts forecast that OceanaGold will post 0.6283048 EPS for the current year.
OceanaGold Company Profile
(
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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.
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