OceanaGold (OGC) Shares Down 3.7%

OceanaGold Corp (TSE:OGC) was down 3.7% on Monday . The stock traded as low as C$4.41 and last traded at C$4.48. Approximately 143,066 shares traded hands during mid-day trading, a decline of 90% from the average daily volume of 1,370,426 shares. The stock had previously closed at C$4.65.

Several equities research analysts have weighed in on OGC shares. BMO Capital Markets lifted their price target on shares of OceanaGold from C$4.50 to C$5.00 in a research note on Friday, January 25th. Desjardins downgraded shares of OceanaGold from a “buy” rating to a “hold” rating in a research note on Tuesday, January 8th. Barclays reaffirmed an “overweight” rating on shares of OceanaGold in a research note on Wednesday,