The Globe and Mail reports in its Friday, Aug. 8, edition that RBC Dominion Securities analyst Harrison Reynolds has reaffirmed his "outperform" recommendation for Oceanagold. The Globe's David Leeder writes that Mr. Reynolds gave his share target a $3 boost to $28. Analysts on average target the shares at $25.30. Mr. Reynolds says in a note: "Oceanagold is doing what many mining companies promise to do: deliver significant FCF to a healthy balance sheet with strategic optionality to allocate capital to the highest return avenues while providing leverage to gold without outsized execution or jurisdictional risk. We are incrementally upbeat following strong Q2 results demonstrating another quarter of operational delivery. In our view, Oceanagold Corp. is positioning itself as a compelling mid-cap gold producer that could be palatable to a wide array of investors. We believe the combination of tangible FCF, capital returns and advancing growth projects can drive outperformance." The Globe reported on Sept. 11 that RBC analysts continued to rate Oceanagold "outperform." The shares were then worth $3.50. The Globe reported on Dec. 13 that CIBC rated Oceanagold "outperformer." It was then worth $4.08.