OceanaGold Co. (OTCMKTS:OCANF) Given Consensus Rating of “Buy” by Brokerages

Shares of OceanaGold Co. (OTCMKTS:OCANF) have been given a consensus recommendation of “Buy” by the five ratings firms that are presently covering the company, MarketBeat reports. Five analysts have rated the stock with a buy rating.

Separately, Jefferies Financial Group reissued a “buy” rating on shares of OceanaGold in a research report on Monday.

OceanaGold Stock Performance

Shares of OceanaGold stock opened at $31.78 on Monday. The firm has a fifty day simple moving average of $31.78 and a 200-day simple moving average of $33.04. OceanaGold has a 1-year low of $8.79 and a 1-year high of $43.33.

About OceanaGold

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.