OceanaGold (TSE:OGC) Stock Price Down 2.6% – What’s Next?

Shares of OceanaGold Co. (TSE:OGCGet Free Report) were down 2.6% on Monday . The company traded as low as C$40.10 and last traded at C$40.78. 981,069 shares were traded during trading, an increase of 13% from the average daily volume of 866,551 shares. The stock had previously closed at C$41.87.

OceanaGold Stock Performance

The firm’s fifty day moving average price is C$38.05 and its 200-day moving average price is C$41.17. The firm has a market cap of C$8.93 billion, a price-to-earnings ratio of 10.64 and a beta of 2.88.

OceanaGold (TSE:OGCGet Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The company reported C$1.39 earnings per share for the quarter. OceanaGold had a net margin of 35.22% and a return on equity of 37.64%. The firm had revenue of C$919.67 million during the quarter. On average, sell-side analysts expect that OceanaGold Co. will post 0.6283048 earnings per share for the current year.

About OceanaGold

(Get Free Report)

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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