2 weeks Ago By ABMN Staff
OceanaGold Co. ( TSE:OGC – Get Free Report ) dropped 2.8% during trading on Friday .
The stock traded as low as C$3.81 and last traded at C$3.82.
Approximately 49,700 shares traded hands during trading, a decline of 97% from the average daily volume of 1,500,897 shares. The stock had previously closed at C$3.93.
Wall Street Analyst Weigh In OGC has been the subject of a number of research analyst reports. National Bankshares lifted their price objective on shares of OceanaGold from C$4.50 to C$5.
00 and gave the stock an “outperform” rating in a research report on Wednesday, July 17th. Scotiabank increased their price target on shares of OceanaGold from C$4.25 to C$4.
75 in a report on Monday, August 19th. CIBC upped their target price on OceanaGold from C$5.00 to C$5.
25 in a research report on Wednesday, July 10th. Canaccord Genuity Group lifted their price target on OceanaGold from C$4.50 to C$5.
50 and gave the stock a “strong-buy” rating in a report on Tuesday, July 23rd. Finally, Desjardins upped their price objective on OceanaGold from C$4.90 to C$5.
50 and gave the company a “buy” rating in a report on Monday, July 22nd. Seven equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, OceanaGold currently has an average rating of “Buy” and an average price target of C$4.
83. Read Our Latest Analysis on OGC OceanaGold Stock Performance OceanaGold ( TSE:OGC – Get Free Report ) last issued its earnings results on Tuesday, July 30th. The company reported C$0.
05 earnings per share for the quarter, meeting analysts’ consensus estimates of C$0.05. OceanaGold had a return on equity of 0.
24% and a net margin of 0.10%. The firm had revenue of C$343.
70 million for the quarter. On average, sell-side analysts forecast that OceanaGold Co. will post 0.
6243902 EPS for the current fiscal year. OceanaGold Increases Dividend The business also recently announced a Semi-Annual dividend, which will be paid on Friday, October 11th. Stockholders of record on Thursday, August 29th will be issued a $0.
014 dividend. The ex-dividend date of this dividend is Thursday, August 29th. This is a boost from OceanaGold’s previous Semi-Annual dividend of $0.
01. OceanaGold’s dividend payout ratio is 300.00%.
About OceanaGold ( Get Free Report ) OceanaGold Corporation, a gold and copper producer, engages in exploration, development, and operation of mineral properties in the United States, the Philippines, and New Zealand. It explores for gold, copper, and silver deposits. OceanaGold Corporation was founded in 2003 and is based in Vancouver, Canada.
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