Are Analysts Bullish about OceanaGold Corporation (TSE:OGC) after last week?
By Jacqueline McKee
OceanaGold Corporation (TSE:OGC) Ratings Coverage
Among 3 analysts covering OceanaGold (TSE:OGC), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. OceanaGold has $5.5 highest and $4.75 lowest target. $5.08’s average target is 55.83% above currents $3.26 stock price. OceanaGold had 3 analyst reports since March 11, 2019 according to SRatingsIntel. The rating was maintained by National Bank Canada on Thursday, March 21 with “Hold”. The rating was maintained by RBC Capital Markets on Tuesday, March 12 with “Buy”. As per Monday, March 11, the company rating was upgraded by Desjardins Securities. Below is a list of OceanaGold Corporation (TSE:OGC) latest ratings and price target changes.
21/03/2019 Broker: National Bank Canada Rating: Hold New Target: $5 Maintain
12/03/2019 Broker: RBC Capital Markets Rating: Buy New Target: $4.75 Maintain
11/03/2019 Broker: Desjardins Securities Rating: Buy New Target: $5.5 Upgrade
The stock decreased 4.96% or $0.17 during the last trading session, reaching $3.26. About 1.98M shares traded. OceanaGold Corporation (TSE:OGC) has 0.00% since August 17, 2018 and is . It has by 0.00% the S&P500.
OceanaGold Corporation, a gold mining company, explores for, develops, and operates mineral properties in the Philippines, New Zealand, and the United States. The company has market cap of $2.03 billion. The firm explores for gold and copper deposits. It has a 36.22 P/E ratio. The Company’s flagship asset is the Didipio gold-copper mine located on the island of Luzon in the Philippines.
More notable recent OceanaGold Corporation (TSE:OGC) news were published by: Finance.Yahoo.com which released: “High Arctic Energy Services Inc (TSE:HWO): Commentary On Fundamentals – Yahoo Finance” on June 04, 2019, also Mining.com with their article: “OceanaGold to acquire gold/silver project in Nevada | MINING.com – MINING.com” published on November 16, 2018, Finance.Yahoo.com published: “Should You Think About Buying The Toronto-Dominion Bank (TSE:TD) Now? – Yahoo Finance” on June 13, 2019. More interesting news about OceanaGold Corporation (TSE:OGC) were released by: Finance.Yahoo.com and their article: “OceanaGold Corporation (TSE:OGC) Delivered A Weaker ROE Than Its Industry – Yahoo Finance” published on August 14, 2019 as well as Finance.Yahoo.com‘s news article titled: “Why I Like OceanaGold Corporation (TSE:OGC) – Yahoo Finance” with publication date: June 30, 2019.
Source: AltCoinMercury.com