Orezone Gold (ORZCF) Projected to Announce Earnings on Monday

Orezone Gold (OTCMKTS:ORZCF) is expected to be issuing its results after the market closes on Monday, November 16th. Analysts expect the company to post earnings of $0.0669 per share and revenue of $243.00 million for the quarter.

Orezone Gold Stock Performance

Shares of OTCMKTS ORZCF opened at $1.85 on Friday. Orezone Gold has a 12-month low of $0.89 and a 12-month high of $2.40. The firm’s 50-day moving average price is $2.09 and its 200-day moving average price is $1.83.

Analyst Upgrades and Downgrades

Separately, Canadian Imperial Bank of Commerce upgraded shares of Orezone Gold from a “neutral” rating to an “outperform” rating in a research note on Sunday, September 20th. Two investment analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, Orezone Gold presently has a consensus rating of “Buy”.

Orezone Gold Company Profile

Orezone Gold Corporation is a Canadian mining company focused on the development and operation of gold assets in Burkina Faso, West Africa. Its principal asset is the Bomboré Gold Mine, an open-pit operation located in the country’s Ganzourgou Province. The company produces gold doré from ore processed at Bomboré and continues to evaluate opportunities to expand and optimize the operation. Orezone’s activities include mine development, mineral exploration, resource evaluation, processing, and related infrastructure and environmental management.