OceanaGold (TSE:OGC) Shares Climb 0.3% – Time to Buy?
by Amy Steele · The Cerbat GemOceanaGold Co. (TSE:OGC – Get Free Report)’s stock price traded up 0.3% during trading on Monday. The company traded as high as C$35.38 and last traded at C$34.77. Approximately 865,505 shares changed hands during mid-day trading, an increase of 1% from the average daily volume of 860,161 shares. The stock had previously closed at C$34.67.
OceanaGold Stock Performance
The business’s fifty day moving average price is C$39.61 and its two-hundred day moving average price is C$42.05. The stock has a market capitalization of C$8.09 billion, a P/E ratio of 9.64 and a beta of 2.87.
OceanaGold (TSE:OGC – Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The company reported C$1.39 EPS for the quarter. OceanaGold had a net margin of 35.22% and a return on equity of 37.64%. The firm had revenue of C$919.67 million during the quarter. As a group, analysts forecast that OceanaGold Co. will post 0.63 earnings per share for the current year.
About OceanaGold
OceanaGold is a global intermediate gold and copper producer committed to safely and responsibly maximizing the generation of Free Cash Flow from our operations and delivering strong returns for our shareholders. We have a portfolio of four operating mines: the wholly-owned Haile Gold Mine in the United States of America ; the wholly-owned Macraes and Waihi operations in New Zealand ; and the 80%-owned Didipio Mine in the Philippines.