Scotia Capital disclosed Oceanagold Corporation (TSE:OGC), hiking its price target to $6.50 earlier today
- Updated: September 28, 2016
Having a price of $3.89, Oceanagold Corporation (TSE:OGC) traded -3.21% lower on the day. With the last close down -10.51% 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 $4.60 and a two hundred day average of $4.38. Trade Volume was up over the average, with 3,135,115 shares of OGC changing hands over the typical 2,184,240
Reporting a potential upside of 0.67%, Scotia Capital upped the price target of Oceanagold Corporation (TSE:OGC) to $6.50
On 9/21/2016, Scotia Capital released a statement on Oceanagold Corporation (TSE:OGC) upped the target price from $6.25 to $6.50 that suggested an upside of 0.43%.
Recent Performance Chart
Oceanagold Corporation has PE ratio of 23.20 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 analysts have released a report on Oceanagold Corporation. zero analysts rating the company a strong buy, three analysts rating the company a buy, three analysts rating the company a hold, one analyst rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $3.99.
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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