OceanaGold (TSE:OGC) has been given a C$5.00 price target by Scotiabank in a note issued to investors on Friday. The brokerage currently has an “outperform” rating on the stock. Scotiabank’s price objective suggests a potential upside of 47.06% from the company’s current price.
OGC has been the subject of a number of other reports. Desjardins reaffirmed a “buy” rating and set a C$5.75 price objective on shares of OceanaGold in a report on Friday, September 29th. National Bank Financial reaffirmed an “outperform” rating and set a C$5.00 price objective on shares of OceanaGold in a report on Saturday, September 23rd. One analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of C$5.32.
Shares of OceanaGold (TSE OGC) opened at C$3.40 on Friday. The stock has a market cap of $2,090.00, a P/E ratio of 13.60 and a beta of -0.23. OceanaGold has a fifty-two week low of C$2.92 and a fifty-two week high of C$5.00.
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OceanaGold Corporation is a gold mining company. The Company is engaged in the exploration, development and operation of gold and other mineral mining activities. The Company’s segments are New Zealand, the Philippines, the United States and All other segments. The Company’s assets encompass its flagship operation, the Didipio Gold-Copper Mine located on the island of Luzon in the Philippines.
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