OceanaGold (TSE:OGC) PT Raised to C$5.25

OceanaGold (TSE:OGC) had its price target hoisted by National Bank Financial from C$4.75 to C$5.25 in a report published on Thursday, September 5th, BayStreet.CA reports. They currently have an outperform rating on the stock.

Other research analysts have also recently issued research reports about the company. Pi Financial reduced their price objective on OceanaGold from C$6.00 to C$5.70 in a research note on Wednesday, August 21st. Raymond James reiterated an outperform rating and issued a C$5.50 price target on shares of OceanaGold in a research note on Tuesday, June 4th. Seven equities research analysts have rated the stock with a buy rating, OceanaGold presently has a consensus rating of Buy and a consensus price target of C$5.28.

Shares of TSE:OGC opened at C$3.16 on Thursday. The business has a fifty day simple moving average of C$3.42 and a 200-day simple moving average of C$3.78. OceanaGold has a 52 week low of C$2.85 and a 52 week high of C$5.01. The company has a quick ratio of 0.54, a current ratio of 1.21 and a debt-to-equity ratio of 12.21. The company has a market cap of $1.97 billion and a P/E ratio of 35.11.

OceanaGold (TSE:OGC) last posted its quarterly earnings results on Thursday, July 25th. The company reported C$0.04 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of C$0.03 by C$0.01. The firm had revenue of C$248.81 million for the quarter. Sell-side analysts expect that OceanaGold will post 0.21 earnings per share for the current fiscal year.

About OceanaGold

OceanaGold Corporation engages in the exploration, development, and operation of mineral properties. The company operates the Didipio gold-copper mine on Luzon Island in 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 Haile gold mine located in South Carolina, United States of America.

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Analyst Recommendations for OceanaGold (TSE:OGC)

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