Orezone Gold (OTCMKTS:ORZCF – Get Free Report) is projected to issue its results after the market closes on Monday, November 16th. Analysts expect the company to announce earnings of $0.0669 per share and revenue of $243.00 million for the quarter.
Orezone Gold Trading Down 1.7%
OTCMKTS ORZCF opened at $1.85 on Friday. Orezone Gold has a 12-month low of $0.89 and a 12-month high of $2.40. The company has a 50 day moving average price of $2.09 and a two-hundred day moving average price of $1.83.
Analyst Upgrades and Downgrades
Separately, Canadian Imperial Bank of Commerce raised shares of Orezone Gold from a “neutral” rating to an “outperform” rating in a research note on Sunday, September 20th. Two investment analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy”.
About Orezone Gold
Orezone Gold Corporation is a Canadian mining company focused on the development and operation of gold assets in Burkina Faso, West Africa. Its principal asset is the Bomboré Gold Mine, an open-pit operation located in the country’s Ganzourgou Province. The company produces gold doré from ore processed at Bomboré and continues to evaluate opportunities to expand and optimize the operation. Orezone’s activities include mine development, mineral exploration, resource evaluation, processing, and related infrastructure and environmental management.
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