BMO Capital Markets disclosed OceanaGold (TSE:OGC), boosting its price target to $4.50 earlier today

Yesterday OceanaGold (TSE:OGC) traded 0.26% higher at $4.14. The company’s 50-day moving average is $3.61 and its 200-day moving average is $4.05. The last stock close price is up -3.85% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. 748,224 shares of the stock were exchanged, down from an average trading volume of 2,709,970

Stating a potential upside of 0.09%, BMO Capital Markets upped the target price of OceanaGold (TSE:OGC) to $4.50

Previously on 4/28/2017, Scotia Capital reported about OceanaGold (TSE:OGC) raised the target price from $0.00 to $5.00. At the time, this indicated a possible upside of 0.12%.

See Chart Below

OceanaGold has 52 week low of $3.24 and a 52 week high of $5.00 with a PE ratio of 17.68 and has a market capitalization of $0.

Also covering OceanaGold’s price target, a total of 9 analysts have released a report on OGC. The one year target is $4.13 with one equity analyst rating the company a strong buy, four equity analysts rating the company a buy, one firm rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About OceanaGold (TSE:OGC)

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. On the north island of New Zealand, the Company operates the high-grade Waihi Gold Mine. On the south island of New Zealand, the Company operates the gold mine in the country at the Macraes Goldfield, which is made up of a series of open pit mines and the Frasers underground mine. In the United States, the Company is constructing the Haile Gold Mine, an asset located in South Carolina along the Carolina Slate Belt.

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