OceanaGold Co. (OTCMKTS:OCANF – Get Free Report) was the recipient of a large drop in short interest during the month of February. As of February 28th, there was short interest totalling 1,816,800 shares, a drop of 26.8% from the February 13th total of 2,481,900 shares. Based on an average daily volume of 119,200 shares, the days-to-cover ratio is presently 15.2 days.
Analyst Ratings Changes
A number of research analysts have weighed in on OCANF shares. Raymond James reiterated an “outperform” rating on shares of OceanaGold in a research note on Tuesday, February 4th. TD Securities started coverage on OceanaGold in a research note on Tuesday, February 4th. They issued a “buy” rating on the stock.
Get Our Latest Stock Report on OCANF
OceanaGold Stock Up 1.8 %
OceanaGold Announces Dividend
The firm also recently disclosed a dividend, which will be paid on Friday, April 25th. Shareholders of record on Wednesday, March 5th will be issued a dividend of $0.01 per share. The ex-dividend date is Wednesday, March 5th.
OceanaGold Company Profile
OceanaGold is a growing 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 Haile Gold Mine in the United States of America; Didipio Mine in the Philippines; and the Macraes and Waihi operations in New Zealand.
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