OceanaGold (TSE:OGC)‘s inventory had its “outperform” ranking restated by analysts at Raymond James in a analysis be aware issued to buyers on Friday, Analyst Ratings Network studies.
OGC has been the topic of numerous different analysis studies. Barclays reduce OceanaGold from an “chubby” ranking to an “equal weight” ranking in a analysis be aware on Thursday, July eighth. Royal Financial institution of Canada lifted their worth goal on OceanaGold to C$2.55 and gave the inventory an “outperform” ranking in a analysis report on Thursday, July fifteenth. CIBC reissued a “maintain” ranking and set a C$3.00 worth goal on shares of OceanaGold in a analysis report on Friday. Nationwide Financial institution Monetary reduce their worth goal on shares of OceanaGold to C$3.00 and set an “outperform” ranking on the inventory in a report on Friday, September tenth. Lastly, Macquarie raised shares of OceanaGold to a “purchase” ranking and set a C$2.80 worth goal for the corporate in a analysis report on Friday, September tenth. Two funding analysts have rated the inventory with a maintain ranking and 5 have issued a purchase ranking to the corporate’s inventory. In line with MarketBeat, the inventory has a median ranking of “Purchase” and a consensus worth goal of C$2.93.
OGC traded down C$0.02 throughout buying and selling on Friday, hitting C$2.31. 818,132 shares of the inventory traded palms, in comparison with its common quantity of 1,165,136. The agency has a market capitalization of C$1.63 billion and a P/E ratio of -25.67. OceanaGold has a 12-month low of C$1.58 and a 12-month excessive of C$2.74. The corporate has a debt-to-equity ratio of 19.67, a present ratio of 1.31 and a fast ratio of 0.53. The agency has a 50-day transferring common of C$2.27 and a 200 day transferring common of C$2.33.
OceanaGold (TSE:OGC) final issued its quarterly earnings information on Thursday, July twenty ninth. The corporate reported C$0.05 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of C$0.03 by C$0.02. The corporate had income of C$224.36 million for the quarter. As a bunch, equities analysts predict that OceanaGold will put up 0.31 EPS for the present fiscal 12 months.
In different information, Director Catherine Gignac purchased 100,000 shares of OceanaGold inventory in a transaction that occurred on Thursday, August fifth. The inventory was purchased at a median price of C$2.37 per share, with a complete worth of C$237,000.00. Following the acquisition, the director now owns 100,000 shares of the corporate’s inventory, valued at roughly C$237,000.
OceanaGold Firm Profile
OceanaGold Company, a gold producer, engages within the exploration, growth, and operation of mineral properties. It explores for gold, copper, silver, and different minerals. The corporate operates the Didipio gold-copper mine positioned within the Nueva Vizcaya and Quirino provinces on the island of Luzon within the Philippines; the Macraes goldfield mine on the South Island of New Zealand; the Waihi gold mine on the North Island of New Zealand; and the Haile gold mine positioned in South Carolina, the USA.
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