Orezone Gold Co. (OTCMKTS:ORZCF) Short Interest Down 42.5% in August

Orezone Gold Co. (OTCMKTS:ORZCF) saw a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 1,302,391 shares, a decrease of 42.5% from the August 15th total of 2,264,251 shares. Based on an average daily trading volume, of 352,887 shares, the short-interest ratio is presently 3.7 days.

Orezone Gold Trading Up 2.4%

OTCMKTS:ORZCF traded up $0.05 during trading hours on Wednesday, reaching $2.07. The company had a trading volume of 147,150 shares, compared to its average volume of 240,370. Orezone Gold has a 52 week low of $0.89 and a 52 week high of $2.30. The firm’s 50 day moving average price is $1.82 and its 200-day moving average price is $1.73.

About Orezone Gold

Orezone Gold Corporation is a Canadian-based gold producer and developer listed on the OTCMKTS under the ticker ORZCF. The company focuses on bringing its flagship Bomboré gold project in Burkina Faso into full-scale commercial operation. Orezone Gold’s corporate office is located in Vancouver, British Columbia, and its shares trade on both North American and international exchanges.

Orezone Gold’s primary activities include exploration, project development, and mining operations. The company holds a 90% interest in the Bomboré licence, with the government of Burkina Faso retaining a 10% carried interest.