OceanaGold Co. (OTCMKTS:OCANF) Short Interest Down 26.8% in February

Posted by Chris Copeland on Mar 18th, 2025

OceanaGold Co. (OTCMKTS:OCANF – Get Free Report) saw a large 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 daily trading volume, of 119,200 shares, the short-interest ratio is currently 15.2 days.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on OCANF shares. Raymond James reiterated an “outperform” rating on shares of OceanaGold in a report on Tuesday, February 4th. TD Securities assumed coverage on OceanaGold in a report on Tuesday, February 4th. They set a “buy” rating for the company.

View Our Latest Stock Analysis on OCANF

OceanaGold Trading Up 2.7 %

Shares of OTCMKTS OCANF traded up $0.08 during mid-day trading on Tuesday, reaching $3.02. 82,801 shares of the company were exchanged, compared to its average volume of 52,285. OceanaGold has a 1 year low of $1.98 and a 1 year high of $3.35. The firm has a 50-day moving average of $2.90 and a 200 day moving average of $2.88.

OceanaGold Announces Dividend

The company also recently declared a dividend, which will be paid on Friday, April 25th. Shareholders of record on Wednesday, March 5th will be given a dividend of $0.01 per share. The ex-dividend date of this dividend is Wednesday, March 5th.

About OceanaGold

(Get Free Report)

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.