A number of other research firms have also recently commented on OGC. BMO Capital Markets restated a market perform rating and issued a C$6.00 price objective on shares of OceanaGold in a research report on Wednesday, September 7th. National Bank Financial upped their price objective on shares of OceanaGold from C$6.00 to C$6.50 in a research report on Wednesday, July 13th. Barclays PLC began coverage on shares of OceanaGold in a research report on Friday, July 8th. They issued an equal weight rating and a C$6.00 price objective for the company. Finally, Raymond James Financial Inc. upped their price objective on shares of OceanaGold from C$5.20 to C$6.00 in a research report on Monday, June 27th. Six research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. OceanaGold has a consensus rating of Hold and an average price target of C$5.13.
Shares of OceanaGold (TSE:OGC) opened at 3.69 on Wednesday. The firm has a market cap of $2.25 billion and a PE ratio of 21.83. The company’s 50-day moving average price is $4.44 and its 200-day moving average price is $4.39. OceanaGold has a 52-week low of $2.19 and a 52-week high of $5.56.
OceanaGold Company Profile
OceanaGold Corporation is an Australia-based gold mining and exploration company. The Company is engaged in the production of gold. The Company operates through three segments: New Zealand, the Philippines and the USA. Its asset portfolio consists of the Macraes Operations (Macraes), which include the operating Macraes open pit gold mines and Frasers underground gold mine; the Didipio Operations (Didipio), which includes an open pit that commenced commercial production, and an underground mine; the Waihi Gold Mine Operation (Waihi), which includes the Martha open pit and Correnso underground gold mine, and the Haile Gold Mine Project (Haile).
Receive News & Ratings for OceanaGold Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OceanaGold Co. and related companies with MarketBeat.com's FREE daily email newsletter.