OceanaGold Co. (OTCMKTS:OCANF – Get Free Report) was the recipient of a large increase in short interest in October. As of October 31st, there was short interest totalling 1,302,500 shares, an increase of 40.3% from the October 15th total of 928,300 shares. Based on an average daily volume of 94,800 shares, the days-to-cover ratio is presently 13.7 days.
OceanaGold Stock Performance
Shares of OCANF traded up $0.09 during mid-day trading on Tuesday, reaching $1.68. The company had a trading volume of 42,286 shares, compared to its average volume of 62,783. The firm has a 50-day moving average price of $1.89 and a 200 day moving average price of $2.04. OceanaGold has a 52 week low of $1.59 and a 52 week high of $2.60.
OceanaGold Dividend Announcement
The business also recently declared a dividend, which was paid on Friday, October 6th. Stockholders of record on Thursday, August 24th were given a $0.01 dividend. The ex-dividend date was Wednesday, August 23rd. This represents a dividend yield of 0.97%.
OceanaGold Company Profile
OceanaGold is a growing intermediate gold and copper producer committed to safely and responsibly maximizing the generation of Free Cash Flow from our operations and delivering strong returns for our shareholders. We have a portfolio of four operating mines: the Haile Gold Mine in the United States of America; Didipio Mine in the Philippines; and the Macraes and Waihi operations in New Zealand.
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