RBC Capital Reaffirms Their Buy Rating on OceanaGold (OCANF)

RBC Capital analyst Wayne Lam maintained a Buy rating on OceanaGold (OCANFResearch Report) on January 9 and set a price target of C$3.25. The company’s shares closed yesterday at $2.11.

Lam covers the Basic Materials sector, focusing on stocks such as Torex Gold Resources, Argonaut Gold, and Equinox Gold. According to TipRanks, Lam has an average return of -5.5% and a 48.28% success rate on recommended stocks.

OceanaGold has an analyst consensus of Strong Buy, with a price target consensus of $2.49.

See Insiders’ Hot Stocks on TipRanks >>

The company has a one-year high of $2.70 and a one-year low of $1.31. Currently, OceanaGold has an average volume of 40.93K.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

OceanaGold Corp. is a multinational gold producer with a portfolio of operating, development and exploration assets. The firm operates through Philippines, New Zealand and the United States geographical segments. It holds interest in Haile Gold Mine, Didipio, Macraes and Waihi projects. OceanaGold was founded in 1989 and is headquartered in Melbourne, Australia.

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More