OceanaGold Co. (TSE:OGC) – Analysts at Cormark lifted their Q4 2017 earnings per share estimates for OceanaGold in a research report issued to clients and investors on Friday. Cormark analyst R. Gray now expects that the company will earn $0.15 per share for the quarter, up from their prior estimate of $0.10.
OGC has been the subject of a number of other research reports. Scotiabank lowered their target price on OceanaGold to C$5.00 and set an “outperform” rating for the company in a research note on Thursday, November 9th. National Bank Financial lifted their price objective on OceanaGold from C$5.50 to C$5.75 and gave the company an “outperform” rating in a research note on Thursday. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of C$5.32.
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OceanaGold Company Profile
OceanaGold Corporation is a gold mining company. The Company is engaged in the exploration, development and operation of gold and other mineral mining activities. The Company’s segments are New Zealand, the Philippines, the United States and All other segments. The Company’s assets encompass its flagship operation, the Didipio Gold-Copper Mine located on the island of Luzon in the Philippines.
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