OceanaGold Co. (OTCMKTS:OCANF) Receives Consensus Rating of “Buy” from Analysts

OceanaGold Co. (OTCMKTS:OCANF) has been assigned a consensus recommendation of “Buy” from the five brokerages that are presently covering the stock, Marketbeat reports. Five investment analysts have rated the stock with a buy rating.

Separately, Jefferies Financial Group reissued a “buy” rating on shares of OceanaGold in a research note on Monday, July 6th.

OceanaGold Stock Performance

Shares of OCANF opened at $31.78 on Friday. OceanaGold has a fifty-two week low of $8.79 and a fifty-two week high of $43.33. The firm has a 50 day moving average price of $31.78 and a 200-day moving average price of $33.34.

OceanaGold Company Profile

OceanaGold Corporation is an international gold and copper producer headquartered in Melbourne, Australia. The company focuses on the exploration, development and operation of open pit and underground mines across the Asia–Pacific and North America regions. Its core operations include the Didipio mine in the Philippines, the Macraes and Waihi gold mines in New Zealand and the Haile gold mine in South Carolina, United States. OceanaGold’s portfolio spans proven reserves, near‐mine development projects and exploration tenements, providing a balanced mix of production and growth assets.

Founded in 2005 as a spin-off from Placer Dome, OceanaGold has grown through strategic acquisitions and organic development.