Shares of OceanaGold Co. (TSE:OGC – Get Free Report) shot up 6.1% on Thursday. The company traded as high as C$39.20 and last traded at C$38.25. Approximately 374,542 shares traded hands during trading, a decline of 56% from the average session volume of 854,108 shares. The stock had previously closed at C$36.04.
OceanaGold Price Performance
The stock has a market capitalization of C$8.70 billion, a price-to-earnings ratio of 9.20 and a beta of 2.69. The firm’s fifty day moving average is C$38.58 and its 200-day moving average is C$41.72.
OceanaGold (TSE:OGC – Get Free Report) last issued its quarterly earnings results on Wednesday, November 4th. The company reported C$1.34 EPS for the quarter. The business had revenue of C$932.33 million for the quarter. OceanaGold had a net margin of 36.65% and a return on equity of 39.66%. On average, sell-side analysts expect that OceanaGold Co. will post 0.63 EPS for the current year.
OceanaGold Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, December 18th. Shareholders of record on Friday, December 18th will be issued a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Wednesday, November 18th. OceanaGold’s dividend payout ratio (DPR) is currently 6.99%.
OceanaGold Company Profile
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.
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