Several other research firms have also recently weighed in on OCANF. Scotiabank raised their target price on shares of OceanaGold from C$3.75 to C$4.00 in a research note on Tuesday. BMO Capital Markets cut their target price on shares of OceanaGold from C$3.40 to C$3.25 in a research note on Monday, April 4th. National Bank Financial lowered their price objective on shares of OceanaGold from C$3.25 to C$3.00 in a research report on Friday, February 4th. Finally, Royal Bank of Canada increased their price objective on shares of OceanaGold from C$2.50 to C$2.75 in a research report on Thursday, February 24th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of Buy and a consensus target price of $3.48.
OCANF opened at $2.47 on Wednesday. The company has a fifty day moving average of $2.19 and a 200 day moving average of $1.91. OceanaGold has a fifty-two week low of $1.39 and a fifty-two week high of $2.70.
OceanaGold Corporation, a gold producer, engages in the exploration, development, and operation of mineral properties. It explores for gold, copper, and silver deposits. The company operates the Didipio gold-copper mine located in the Nueva Vizcaya and Quirino provinces on the island of Luzon in the Philippines; the Macraes goldfield mine on the South Island of New Zealand and the Waihi gold mine on the North Island of New Zealand; and the Haile gold mine located in South Carolina, the United States.
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