OceanaGold (OGC) PT Lowered to C$5.50
OceanaGold (TSE:OGC) had its target price cut by equities research analysts at National Bank Financial from C$5.75 to C$5.50 in a report issued on Sunday. The firm currently has an “outperform” rating on the stock. National Bank Financial’s price objective points to a potential upside of 58.05% from the company’s current price.
Separately, Scotiabank set a C$5.00 target price on shares of OceanaGold and gave the company an “outperform” rating in a research note on Friday, February 23rd. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. OceanaGold currently has a consensus rating of “Buy” and a consensus price target of C$5.27.
Shares of OceanaGold (TSE:OGC) opened at C$3.48 on Friday. OceanaGold has a 12 month low of C$2.92 and a 12 month high of C$5.00. The company has a market cap of $2,140.00, a P/E ratio of 9.94 and a beta of -0.12.
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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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