OceanaGold (OCANF) to Release Earnings on Tuesday

OceanaGold (OTCMKTS:OCANF) is projected to issue its results after the market closes on Tuesday, May 5th. Analysts expect the company to announce earnings of $1.11 per share and revenue of $675.6910 million for the quarter.

OceanaGold Stock Performance

OTCMKTS:OCANF opened at $31.78 on Monday. The company has a fifty day moving average of $34.04 and a 200-day moving average of $30.62. OceanaGold has a twelve month low of $8.79 and a twelve month high of $43.33.

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. Scotiabank restated an “outperform” rating on shares of OceanaGold in a report on Monday, January 26th. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of OceanaGold in a research report on Wednesday, February 4th. Six analysts have rated the stock with a Buy rating, According to data from MarketBeat, OceanaGold currently has an average rating of “Buy”.

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.