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Bullboard - Stock Discussion Forum OceanaGold Corp T.OGC

Alternate Symbol(s):  OCANF

OceanaGold Corporation is an intermediate gold and copper producer. It has 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. The gold, copper, and silver it produces are essential to the renewable energy and transport sectors, life-saving medical devices and technology... see more

TSX:OGC - Post Discussion

OceanaGold Corp > Price target cut
View:
Post by Unicorn9000 on Feb 23, 2024 1:24pm

Price target cut

By national from 4 to 3.75 however outperform rating.
outlook is good but nobody is buying
Comment by psych01 on Feb 23, 2024 1:47pm
It's the Phillipines Didipio operation, gets worse and
Comment by Unicorn9000 on Feb 23, 2024 2:04pm
Yeah and we have the worst President. like father like son.
Comment by yogi33 on Feb 26, 2024 2:40pm
Comark cut price target to $3 from $3.25 National Bank cut price to $3.75 from $4. BMO cut price to $3.75 from $4.25 Yikes!!! yogi...
Comment by Esther1 on Feb 26, 2024 4:58pm
Analysts forecasts were always way high for this stock, as they usually are for most stocks,, especially in this sector.  Now that average forecast has come down some, from poor 4th quarter and conference call details, you can take it, and subtract 25%, and get a reasonable approximation of your 12 month return, given current conditions and company guidance.  You will need to always ...more  
Comment by Esther1 on Feb 26, 2024 10:01pm
Enough said from discussion over expenses 2023 vs 2022.  "General and Administration Annual G&A of $64.3 million for 2023 is related to corporate costs and increased by 24% from the previous year primarily due to an increase of $5.0 million in non-cash share-based compensation charges and a combination of employee cost inflation, maturing corporate functions and software cost ...more  
Comment by psych01 on Feb 29, 2024 8:00pm
E. the whole sector, rare exception, suffers these days, especially those who used to manage the political challenges (like B2Gold in Mali and the military coup that governs---Oceana has Marcos the younger to deal with, not sure what the political system is, form of socialism/quasi dictatorship, you know I guess, etc. But there's more, especially money going to crypto and Ai which can actually ...more  
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