Q4 EPS Estimates for Orezone Gold Increased by Raymond James

Orezone Gold Co. (CVE:ORE) – Analysts at Raymond James boosted their Q4 2024 EPS estimates for Orezone Gold in a report released on Monday, January 6th. Raymond James analyst C. Stanley now expects that the company will post earnings of $0.07 per share for the quarter, up from their previous estimate of $0.06. The consensus estimate for Orezone Gold’s current full-year earnings is $0.13 per share.

Orezone Gold Price Performance

ORE stock opened at C$1.25 on Wednesday. The firm has a 50-day moving average of C$1.25 and a two-hundred day moving average of C$1.25. Orezone Gold has a one year low of C$0.87 and a one year high of C$1.70. The company has a current ratio of 2.56, a quick ratio of 2.30 and a debt-to-equity ratio of 0.21. The firm has a market capitalization of C$404.42 million and a PE ratio of -14.88.

Insider Activity

In other Orezone Gold news, Director Patrick Downey acquired 166,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 20th. The shares were purchased at an average price of C$0.60 per share, with a total value of C$99,849.00. Also, Director T. Sean Harvey bought 56,500 shares of the firm’s stock in a transaction on Monday, November 11th. The stock was acquired at an average cost of C$0.71 per share, with a total value of C$40,284.50. Insiders acquired 261,500 shares of company stock worth $164,094 over the last quarter.

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.