Oceanagold (NYSE:OGC) Downgraded to “Strong Sell” Rating by Zacks Research

Posted by Jeff Wilder on Jul 9th, 2026

Zacks Research downgraded shares of Oceanagold (NYSE:OGC – Free Report) from a hold rating to a strong sell rating in a research note issued to investors on Tuesday morning,Zacks.com reports.

OGC has been the topic of a number of other reports. Jefferies Financial Group upgraded shares of Oceanagold to a “strong-buy” rating in a research note on Tuesday, June 9th. Weiss Ratings lowered shares of Oceanagold from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, June 8th. Finally, Scotiabank upgraded shares of Oceanagold to a “strong-buy” rating in a report on Thursday, May 14th. Two research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Oceanagold presently has an average rating of “Buy”.

Get Our Latest Analysis on OGC

Oceanagold Stock Performance

NYSE:OGC opened at $24.23 on Tuesday. Oceanagold has a 12 month low of $13.16 and a 12 month high of $43.33. The company has a market capitalization of $5.39 billion and a PE ratio of 23.99.

Oceanagold Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 19th. Investors of record on Wednesday, May 20th were paid a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 1.5%. The ex-dividend date was Wednesday, May 20th. Oceanagold’s dividend payout ratio is presently 35.64%.

OceanaGold Corporation is a gold and copper mining company that explores for, develops, and operates precious metals projects. The company’s portfolio includes producing mines and development assets, with a focus on the extraction and processing of gold and copper from its owned and operated operations.

Founded in 1989, OceanaGold has built a business centered on long-life mineral assets and responsible mining practices. Its operations have historically been located in the Asia-Pacific region, including New Zealand, the Philippines, and the United States, giving it exposure to several established mining jurisdictions.

The company is headquartered in Vancouver, Canada.