Analysts Issue Forecasts for Orezone Gold FY2027 Earnings

Orezone Gold Co. (CVE:ORE) – Equities researchers at Ventum Cap Mkts upped their FY2027 earnings estimates for shares of Orezone Gold in a research report issued to clients and investors on Wednesday, November 6th. Ventum Cap Mkts analyst A. Terentiew now forecasts that the company will post earnings per share of $0.26 for the year, up from their prior forecast of $0.21. The consensus estimate for Orezone Gold’s current full-year earnings is $0.13 per share.

Orezone Gold Price Performance

Shares of CVE ORE opened at C$1.25 on Friday. The company has a 50 day simple moving average of C$1.25 and a 200 day simple moving average of C$1.25. The firm has a market cap of C$404.42 million and a PE ratio of -14.88. Orezone Gold has a 1 year low of C$0.87 and a 1 year high of C$1.70. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.56 and a quick ratio of 2.30.

Insider Activity at Orezone Gold

In other news, insider Resource Capital Fund VII L.P. purchased 717,327 shares of the stock in a transaction on Monday, October 7th. The stock was purchased at an average price of C$0.76 per share, for a total transaction of C$544,755.34.

Orezone Gold Company Profile

Orezone Gold Corporation engages in the acquisition, exploration, and development of resource properties. Its flagship property is the 90%-owned Bomboré gold project located in Burkina Faso, West Africa. The company was incorporated in 2008 and is headquartered in Vancouver, Canada.