OceanaGold (OTCMKTS:OCANF) Stock Rating Upgraded by Goldman Sachs Group
Goldman Sachs Group upgraded shares of OceanaGold (OTCMKTS:OCANF) from a neutral rating to a buy rating in a research report report published on Wednesday morning, The Fly reports.
OCANF has been the topic of several other research reports. Royal Bank of Canada reaffirmed a buy rating on shares of OceanaGold in a research note on Friday, July 5th. Barclays set a $192.00 target price on Tesla and gave the company a sell rating in a research note on Tuesday, April 9th. Finally, National Bank Financial cut Detour Gold to a hold rating in a research note on Friday, June 28th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock presently has an average rating of Buy.
OTCMKTS:OCANF opened at $2.61 on Wednesday. OceanaGold has a fifty-two week low of $2.49 and a fifty-two week high of $3.74. The firm’s 50-day simple moving average is $2.77.
OceanaGold Corporation engages in the exploration, development, and operation of mineral properties. The company operates the Didipio gold-copper mine on Luzon Island in the Philippines; the Macraes goldfield mine on the South Island of New Zealand; the Waihi gold mine on the North Island of New Zealand; and Haile gold mine located in South Carolina, United States of America.
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