Oceanagold (NYSE:OGC – Get Free Report) was upgraded by equities researchers at Zacks Research to a “hold” rating in a report issued on Wednesday,Zacks.com reports.
Several other research analysts also recently weighed in on OGC. Scotiabank raised shares of Oceanagold to a “strong-buy” rating in a research report on Thursday, May 14th. Weiss Ratings initiated coverage on shares of Oceanagold in a research report on Wednesday. They issued a “buy (b)” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, Oceanagold presently has a consensus rating of “Buy”.
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Oceanagold Stock Performance
OceanaGold Corporation is a gold and copper mining company that explores for, develops, and operates precious metals projects. The company’s portfolio includes producing mines and development assets, with a focus on the extraction and processing of gold and copper from its owned and operated operations.
Founded in 1989, OceanaGold has built a business centered on long-life mineral assets and responsible mining practices. Its operations have historically been located in the Asia-Pacific region, including New Zealand, the Philippines, and the United States, giving it exposure to several established mining jurisdictions.
The company is headquartered in Vancouver, Canada.
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