OceanaGold Co. (OTCMKTS:OCANF) Given Average Rating of “Buy” by Analysts

OceanaGold Co. (OTCMKTS:OCANF) has received a consensus rating of “Buy” from the five ratings firms that are covering the firm, Marketbeat.com reports. Five analysts have rated the stock with a buy rating.

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

OceanaGold Stock Performance

OTCMKTS:OCANF opened at $31.78 on Monday. The stock has a fifty day moving average price of $31.78 and a 200 day moving average price of $33.07. OceanaGold has a 12-month low of $8.79 and a 12-month high of $43.33.

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.