Cormark Analysts Boost Earnings Estimates for OceanaGold Corp (OGC)

Business



[ad_1]

OceanaGold logo "title =" OceanaGold logo "class =" companylogo "/> </p> <p> OceanaGold Corp. (TSE: OGC) – Research analysts at Cormark Raised their Q2 2018 earnings per share estimates for OceanaGold in a report released on Thursday , July 12th, based on Zacks Investment Research, Cormark Analyst R. Gray now anticipates that the company will post earnings of $ 0.13 per share for the quarter, up from their forecast of $ 0.09 Cormark also issued estimates for OceanaGold's FY2018 earnings at $ 0.42 EPS and Q4 2019 earnings at $ 0.09 EPS. </p> <p> Scotiabank restated an "outperform" rating and issued a C $ 5.00 target price on a share price OceanaGold in a research report on Friday , April 27th Pi Financial cut their target price on OceanaGold from C $ 4.80 to C $ 4.75 in a research report on Tuesday, June 5th Finally, National Bank Financial downgraded OceanaGold from an "outperform" ra $ 1.75 to $ 4.25 in a research report on Thursday, July 12th. </p> <p> OGC traded up C $ 0.02 during trading on Monday, reaching C $ 4.04. The stock had a trading volume of 1,919,716 shares, compared to its average volume of 1,525,176. OceanaGold has a 1-year low of C $ 2.92 and a 1-year high of C $ 4.16. </p> <p> OceanaGold (TSE: OGC) last edited its quarterly earnings data on Thursday, July 26th. The company reported C $ 0.10 per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of C $ 0.07 by C $ 0.03. The business had revenue of C $ 265.48 million during the quarter. OceaniaGold had a return on equity of 24.55% and a net margin of 36.01%. </p> <p> <strong> OceanaGold Company Profile </strong> </p> <p> OceanaGold Corporation, a gold mining company, explores for, develops, and operates mineral properties in the Philippines, New Zealand, and the United States. Its flagship asset is the Didipio gold-copper mine located on the island of Luzon in the Philippines. OceanaGold Corporation was incorporated in 2003 and is headquartered in Melbourne, Australia. </p> <p> Further Reading: Average Daily Volume Volume – ADTV <!--ViewCount:type=r&id=506577--> </p> <p> For a free copy of the Zacks research report on OceanaGold (OGC) </p> <p> more information about research offersings from Zacks Investment Research, visit Zacks.com <!--Keyword: OceanaGold,TSE:OGC,OGC,Basic Material,Earnings Estimates,Cormark--><!--Ratings:4,3,TSE:OGC--></p> <p style= Earnings History and Estimates for OceanaGold (TSE: OGC) "title =" Earnings History and Estimates for OceanaGold (TSE: OGC) "/> </p> <p> <!-- end inline unit --></p> <p> <!-- end main text --></p> <p> <!-- Invalidate Article --></p> <p> <!-- End Invalidate --></p> <p><!--Begin Footer Opt-In--></p> <p style= Receive News & Ratings for OceanaGold Daily – concise daily summary of the latest news and analysts' ratings for OceanaGold and related companies MarketBeat.com's FREE daily email newsletter.

[ad_2]
Source link

Tags

Powered by https://naaju.com/philippines | Designed by Naaju
© Copyright 2024, All Rights Reserved