Oceanagold Corp. (OGC) To Go Ex-Dividend on August 19th

Oceanagold Corp. (NYSE:OGCGet Free Report) declared a quarterly dividend on Wednesday, August 5th. Shareholders of record on Wednesday, August 19th will be given a dividend of 0.09 per share on Friday, September 18th. This represents a c) annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Wednesday, August 19th.

Oceanagold Stock Up 0.2%

Shares of NYSE OGC opened at $28.66 on Monday. The stock has a market cap of $6.38 billion and a P/E ratio of 14.40. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.63 and a quick ratio of 1.24. The business has a 50 day simple moving average of $25.40. Oceanagold has a twelve month low of $16.25 and a twelve month high of $43.33.

Oceanagold (NYSE:OGCGet Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.98 EPS for the quarter, topping analysts’ consensus estimates of $0.93 by $0.05. The business had revenue of $647.30 million for the quarter. Oceanagold had a return on equity of 36.44% and a net margin of 35.14%. As a group, research analysts expect that Oceanagold will post 4.11 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts recently issued reports on the stock. Zacks Research downgraded shares of Oceanagold from a “hold” rating to a “strong sell” rating in a report on Tuesday, July 7th. Scotiabank raised shares of Oceanagold to a “strong-buy” rating in a research report on Thursday, May 14th. Weiss Ratings cut shares of Oceanagold from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, June 8th. Finally, Jefferies Financial Group upgraded Oceanagold to a “strong-buy” rating in a research note on Tuesday, June 9th. Two investment analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Buy”.

Check Out Our Latest Analysis on OGC

Oceanagold Company Profile

(Get Free Report)

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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