OceanaGold Philippines' shares dropped 6% after its debut, opening slightly above the 13.33 pesos IPO price.
OceanaGold Philippines Inc, a gold and copper miner, saw a 6% drop in its shares during market debut, opening slightly above the initial public offering price of 13.33 pesos. The subsidiary of Toronto-listed OceanaGold Corp conducted a 6.078 billion pesos IPO to meet regulatory requirements for its operations in the Philippines, marking the country's first public mining debut since 2012.
May 13, 2024
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