OceanaGold (OTCMKTS:OCANF) Upgraded at BMO Capital Markets
BMO Capital Markets upgraded shares of OceanaGold (OTCMKTS:OCANF) from a market perform rating to an outperform rating in a research note released on Wednesday, The Fly reports.
Several other analysts have also recently commented on OCANF. National Bank Financial reissued a buy rating on shares of OceanaGold in a research note on Friday, June 28th. Royal Bank of Canada reissued a buy rating on shares of OceanaGold in a research note on Friday, July 5th. Finally, Goldman Sachs Group raised shares of OceanaGold from a neutral rating to a buy rating in a research note on Wednesday, July 10th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company. OceanaGold currently has an average rating of Buy.
OCANF opened at $2.40 on Wednesday. OceanaGold has a one year low of $2.15 and a one year high of $3.74. The company’s 50 day simple moving average is $2.57 and its 200-day simple moving average is $2.84.
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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