OceanaGold Co. (OTCMKTS:OCANF – Get Free Report) was the recipient of a significant decline in short interest in the month of February. As of February 28th, there was short interest totalling 1,816,800 shares, a decline of 26.8% from the February 13th total of 2,481,900 shares. Based on an average trading volume of 119,200 shares, the days-to-cover ratio is currently 15.2 days.
OceanaGold Trading Up 2.7 %
Shares of OCANF stock traded up $0.08 during mid-day trading on Tuesday, reaching $3.02. 82,801 shares of the company’s stock traded hands, compared to its average volume of 52,285. The firm has a 50 day moving average price of $2.90 and a two-hundred day moving average price of $2.88. OceanaGold has a 12 month low of $1.98 and a 12 month high of $3.35.
OceanaGold Dividend Announcement
The company also recently announced a dividend, which will be paid on Friday, April 25th. Investors of record on Wednesday, March 5th will be issued a $0.01 dividend. The ex-dividend date is Wednesday, March 5th.
Wall Street Analyst Weigh In
View Our Latest Stock Analysis on OCANF
About OceanaGold
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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