Orezone Gold Co. (OTCMKTS:ORZCF) Short Interest Update

Orezone Gold Co. (OTCMKTS:ORZCF) was the target of a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 2,264,251 shares, a drop of 46.5% from the July 30th total of 4,230,540 shares. Based on an average daily volume of 157,344 shares, the days-to-cover ratio is presently 14.4 days.

Orezone Gold Trading Down 5.2%

ORZCF stock opened at $1.96 on Friday. The business’s 50-day moving average is $1.74 and its 200 day moving average is $1.73. Orezone Gold has a 12-month low of $0.75 and a 12-month high of $2.30.

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.