Scotia Capital announced Oceanagold Corporation (TSE:OGC), bumping up its stock price target to $6.50 today
- Updated: September 21, 2016
In a report released on 9/21/2016 Scotia Capital raised the target price of Oceanagold Corporation (TSE:OGC) from $6.25 to $6.50 indicating a possible upside of 0.43%.
On Wednesday September 07, 2016, BMO Capital Markets released a statement about Oceanagold Corporation (TSE:OGC) upped the target price from $0.00 to $6.00 that suggested an upside of 0.24%.
Having a price of $4.53, Oceanagold Corporation (TSE:OGC) traded 3.42% higher on the day. With the last stock price up 4.19% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. OGC has recorded a 50-day average of $4.61 and a two hundred day average of $4.36. Trade Volume was down over the average, with 793,127 shares of OGC changing hands under the typical 2,187,360
Recent Performance Chart
Oceanagold Corporation has PE ratio of 26.86 with a one year low of $1.79 and a one year high of $5.56 and has a market capitalization of $0.
A total of 10 brokerages have issued a ratings update on Oceanagold Corporation. zero brokerages rating the company a strong buy, three brokerages rating the company a buy, three brokerages rating the company a hold, one brokerage rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $3.96.
General Company Details For Oceanagold Corporation (TSE:OGC)
OceanaGold Corporation is an Australia-based gold mining and exploration company. The Company is engaged in the production of gold. The Company operates through three segments: New Zealand, the Philippines and the USA. Its asset portfolio consists of the Macraes Operations (Macraes), which include the operating Macraes open pit gold mines and Frasers underground gold mine; the Didipio Operations (Didipio), which includes an open pit that commenced commercial production, and an underground mine; the Waihi Gold Mine Operation (Waihi), which includes the Martha open pit and Correnso underground gold mine, and the Haile Gold Mine Project (Haile). Macraes is located approximately 60 kilometers north of Dunedin and over 30 kilometers to the northwest of Palmerston in the Otago Region of the South Island, New Zealand. The Didipio is located in the north of Luzon Island, approximately 270 kilometers north-northeast of Manila, in the Philippines.
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