The Manufacturers Life Insurance Company Invests $15.33 Million in Oceanagold Corp. $OGC

Posted by George Bondi on Sep 13th, 2026

The Manufacturers Life Insurance Company acquired a new stake in Oceanagold Corp. (NYSE:OGC – Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 612,881 shares of the company’s stock, valued at approximately $15,332,000.

A number of other institutional investors have also recently added to or reduced their stakes in OGC. Allianz Asset Management GmbH acquired a new position in Oceanagold during the second quarter worth about $63,741,000. Groupe la Francaise acquired a new stake in shares of Oceanagold during the 2nd quarter valued at approximately $19,560,000. Public Employees Retirement System of Ohio acquired a new stake in shares of Oceanagold during the 2nd quarter valued at approximately $14,465,000. Bank of New York Mellon Corp purchased a new stake in shares of Oceanagold during the 2nd quarter worth approximately $1,701,000. Finally, Sequoia Financial Advisors LLC acquired a new stake in shares of Oceanagold in the 2nd quarter worth approximately $603,000.

Oceanagold Trading Up 0.6%

Shares of OGC opened at $30.20 on Friday. Oceanagold Corp. has a 12-month low of $19.33 and a 12-month high of $43.33. The firm has a market capitalization of $6.72 billion and a PE ratio of 15.17. The company has a current ratio of 1.63, a quick ratio of 1.24 and a debt-to-equity ratio of 0.01. The business’s 50-day simple moving average is $27.15.

Oceanagold (NYSE:OGC – Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.98 EPS for the quarter, beating the consensus estimate of $0.93 by $0.05. Oceanagold had a net margin of 35.14% and a return on equity of 36.44%. The business had revenue of $647.30 million for the quarter. As a group, analysts forecast that Oceanagold Corp. will post 4.17 EPS for the current fiscal year.

Oceanagold Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 18th. Investors of record on Wednesday, August 19th will be paid a $0.09 dividend. The ex-dividend date of this dividend is Wednesday, August 19th. This represents a $0.36 dividend on an annualized basis and a yield of 1.2%. Oceanagold’s dividend payout ratio is presently 18.09%.

Analyst Ratings Changes

Several equities analysts recently weighed in on the company. Wall Street Zen downgraded Oceanagold from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 22nd. Zacks Research upgraded Oceanagold from a “strong sell” rating to a “hold” rating in a research report on Tuesday, September 8th. Weiss Ratings reissued a “buy (b-)” rating on shares of Oceanagold in a report on Friday, September 4th. Finally, Jefferies Financial Group upgraded Oceanagold to a “strong-buy” rating in a research report on Tuesday, June 9th. Two equities research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, Oceanagold currently has an average rating of “Buy”.

Check Out Our Latest Research Report on Oceanagold

Oceanagold Company Profile

(Free Report)

OceanaGold Corporation is a mid-tier gold producer headquartered in Vancouver, Canada. The company explores for, develops and operates gold and copper-gold properties, with operations spanning North America, the Asia-Pacific region and Oceania. Its products primarily include gold, with silver and copper produced as byproducts at certain operations.

OceanaGold’s operating portfolio includes the Haile Gold Mine in South Carolina, the Didipio gold-copper mine in the Philippines, and the Macraes and Waihi operations in New Zealand.