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

OceanaGold Co. (OTCMKTS:OCANF) has earned a consensus recommendation of “Buy” from the seven ratings firms that are presently covering the company, Marketbeat reports. Seven investment analysts have rated the stock with a buy rating.

Several equities research analysts have commented on the stock. Jefferies Financial Group reaffirmed a “buy” rating on shares of OceanaGold in a report on Sunday, December 7th. Scotiabank reiterated an “outperform” rating on shares of OceanaGold in a report on Thursday, October 23rd. Finally, Raymond James Financial reiterated an “outperform” rating on shares of OceanaGold in a report on Friday, October 10th.

OceanaGold Stock Up 0.2%

Shares of OceanaGold stock opened at $27.76 on Friday. OceanaGold has a one year low of $7.32 and a one year high of $28.53. The business has a 50-day simple moving average of $24.22 and a 200 day simple moving average of $17.98.

About OceanaGold

OceanaGold is a growing intermediate gold and copper producer committed to safely and responsibly maximizing the generation of Free Cash Flow from our operations and delivering strong returns for our shareholders. We have a portfolio of four operating mines: the Haile Gold Mine in the United States of America; Didipio Mine in the Philippines; and the Macraes and Waihi operations in New Zealand.