Barclays PLC upgraded shares of OceanaGold Corp (NASDAQ:OCANF) from an equal weight rating to an overweight rating in a research note issued to investors on Monday, The Fly reports.
OceanaGold Corp (NASDAQ:OCANF) traded up 4.1834% on Monday, reaching $3.0109. 162,742 shares of the company were exchanged. OceanaGold Corp has a 12-month low of $1.67 and a 12-month high of $4.27. The stock has a 50 day moving average of $3.21 and a 200 day moving average of $3.39. The firm has a market capitalization of $1.84 billion and a PE ratio of 17.8160.
About OceanaGold Corp
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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