Orezone Gold (CVE:ORE) Price Target Raised to C$3.50 at National Bank Financial

Orezone Gold (CVE:ORE) had its price objective lifted by National Bank Financial from C$3.25 to C$3.50 in a research report released on Friday morning,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

Orezone Gold Price Performance

Shares of Orezone Gold stock opened at C$1.25 on Friday. The stock has a market cap of C$404.42 million and a price-to-earnings ratio of -14.88. The company has a fifty day moving average price of C$1.25 and a 200 day moving average price of 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 twelve month low of C$0.87 and a twelve month high of C$1.70.

About Orezone Gold

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.