OceanaGold Corp (OCANF) Stock Rating Upgraded by Barclays PLC
OceanaGold Corp (NASDAQ:OCANF) was upgraded by stock analysts at Barclays PLC from an “equal weight” rating to an “overweight” rating in a report released on Monday, The Fly reports.
OceanaGold Corp (NASDAQ:OCANF) traded up 2.48% on Monday, reaching $2.89. 74,581 shares of the company traded hands. The firm has a 50 day moving average price of $3.23 and a 200 day moving average price of $3.38. OceanaGold Corp has a 52-week low of $1.67 and a 52-week high of $4.27. The stock has a market capitalization of $1.76 billion and a price-to-earnings ratio of 17.10.
OceanaGold Corp Company Profile
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OceanaGold Corporation is an Australia-based gold mining and exploration company. The Company is engaged in the production of gold. The Company operates through three segments: New Zealand, the Philippines and the USA. Its asset portfolio consists of the Macraes Operations (Macraes), which include the operating Macraes open pit gold mines and Frasers underground gold mine; the Didipio Operations (Didipio), which includes an open pit that commenced commercial production, and an underground mine; the Waihi Gold Mine Operation (Waihi), which includes the Martha open pit and Correnso underground gold mine, and the Haile Gold Mine Project (Haile).
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