Q4 2017 EPS Estimates for OceanaGold Co. (TSE:OGC) Increased by Cormark

OceanaGold Co. (TSE:OGC) – Equities research analysts at Cormark lifted their Q4 2017 earnings estimates for OceanaGold in a research note issued on Friday, Zacks Investment Research reports. Cormark analyst R. Gray now forecasts that the company will earn $0.15 per share for the quarter, up from their previous forecast of $0.10.

A number of other equities analysts also recently issued reports on the stock. National Bank Financial lifted their price objective on shares of OceanaGold from C$5.00 to C$5.75 and gave the stock an “outperform” rating in a report on Wednesday, October 18th. Scotiabank set a C$5.00 price objective on shares of OceanaGold and gave the stock an “outperform” rating in a report on Friday, January 19th. One research analyst has rated the stock with a hold rating and six have issued a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of C$5.32.

OceanaGold (TSE OGC) opened at C$3.11 on Monday. The stock has a market cap of $1,920.00, a price-to-earnings ratio of 12.44 and a beta of -0.14. OceanaGold has a fifty-two week low of C$2.92 and a fifty-two week high of C$5.00.

COPYRIGHT VIOLATION NOTICE: This news story was first published by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this news story on another publication, it was copied illegally and reposted in violation of U.S. & international copyright legislation. The original version of this news story can be viewed at https://www.dispatchtribunal.com/2018/02/14/q4-2017-eps-estimates-for-oceanagold-co-ogc-boosted-by-cormark.html.

OceanaGold Company Profile

OceanaGold Corporation is a gold mining company. The Company is engaged in the exploration, development and operation of gold and other mineral mining activities. The Company’s segments are New Zealand, the Philippines, the United States and All other segments. The Company’s assets encompass its flagship operation, the Didipio Gold-Copper Mine located on the island of Luzon in the Philippines.

Get a free copy of the Zacks research report on OceanaGold (OGC)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for OceanaGold (TSE:OGC)

Receive News & Ratings for OceanaGold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OceanaGold and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply