OceanaGold PH shares drop on market debut

By Brix Lelis

May 14, 2024 12:48 am

THE country's first public listing for the year — also the first by a mining company in over a decade — got off to a rocky start on Monday.

OceanaGold Philippines Inc. (OGP) saw its shares open slightly higher than the discounted initial public offering (IPO) price of P13.33 at P13.34, but then closed the day 6.16 percent down at P12.50.

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