Orezone Gold (ORZCF) Expected to Announce Earnings on Wednesday

Orezone Gold (OTCMKTS:ORZCF) is expected to be releasing its results before the market opens on Wednesday, May 13th. Analysts expect Orezone Gold to post earnings of $0.0671 per share and revenue of $178.05 million for the quarter.

Orezone Gold Stock Performance

ORZCF stock opened at $1.68 on Tuesday. The business has a 50 day simple moving average of $1.66 and a 200-day simple moving average of $1.49. Orezone Gold has a 1 year low of $0.69 and a 1 year high of $2.30.

Analysts Set New Price Targets

ORZCF has been the topic of a number of recent research reports. Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of Orezone Gold in a research note on Tuesday, January 27th. National Bank Financial initiated coverage on shares of Orezone Gold in a research note on Thursday, April 16th. They set an “outperform” rating on the stock. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Orezone Gold presently has a consensus rating of “Moderate Buy”.

Orezone Gold Company Profile

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.