OceanaGold Corp (OTCMKTS:OCANF) has been given a consensus recommendation of “Buy” by the six research firms that are presently covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company.
A number of research firms recently weighed in on OCANF. Barclays set a $192.00 price target on shares of Tesla and gave the company a “sell” rating in a report on Tuesday, April 9th. National Bank Financial cut shares of Detour Gold to a “hold” rating in a research note on Friday, June 28th. Goldman Sachs Group downgraded shares of EXPERIAN PLC/ADR from a “buy” rating to a “neutral” rating in a research report on Wednesday, July 10th. Finally, Royal Bank of Canada reaffirmed a “buy” rating on shares of OceanaGold in a research report on Friday, July 5th.
OCANF traded down $0.09 during trading on Wednesday, reaching $2.52. 38,831 shares of the company’s stock were exchanged, compared to its average volume of 59,089. The firm has a 50 day moving average of $2.77. OceanaGold has a fifty-two week low of $2.49 and a fifty-two week high of $3.74.
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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