Orezone Gold Co. (CVE:ORE – Free Report) – Equities research analysts at Ventum Cap Mkts lifted their FY2024 earnings estimates for Orezone Gold in a research note issued on Tuesday, May 7th. Ventum Cap Mkts analyst A. Terentiew now forecasts that the company will earn $0.12 per share for the year, up from their previous forecast of $0.09. The consensus estimate for Orezone Gold’s current full-year earnings is $0.13 per share. Ventum Cap Mkts also issued estimates for Orezone Gold’s FY2025 earnings at $0.15 EPS and FY2026 earnings at $0.22 EPS.
Orezone Gold (CVE:ORE – Get Free Report) last released its quarterly earnings results on Tuesday, March 26th. The company reported C$0.05 earnings per share for the quarter, missing the consensus estimate of C$0.07 by C($0.02). The business had revenue of C$92.01 million for the quarter.
Check Out Our Latest Stock Report on ORE
Orezone Gold Price Performance
Shares of CVE ORE opened at C$1.25 on Friday. The firm has a market cap of C$404.42 million and a P/E ratio of -14.88. The business’s 50 day moving average is C$1.25 and its 200-day moving average is C$1.25. The company has a current ratio of 2.56, a quick ratio of 2.30 and a debt-to-equity ratio of 0.21. Orezone Gold has a 1-year low of C$0.87 and a 1-year high of C$1.70.
Insider Activity
In other news, Senior Officer Vanessa Pickering sold 100,000 shares of the company’s stock in a transaction on Thursday, April 4th. The shares were sold at an average price of C$0.81, for a total transaction of C$81,000.00.
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.
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