Orezone Gold Co. (CVE:ORE) Senior Officer Ryan Goodman Purchases 100,000 Shares

Orezone Gold Co. (CVE:OREGet Free Report) Senior Officer Ryan Goodman bought 100,000 shares of the stock in a transaction that occurred on Friday, April 19th. The stock was purchased at an average price of C$0.84 per share, for a total transaction of C$83,940.00.

Orezone Gold Price Performance

ORE opened at C$1.25 on Friday. Orezone Gold Co. has a twelve month low of C$0.87 and a twelve month high of C$1.70. The firm has a market cap of C$404.42 million and a price-to-earnings ratio of -14.88. The firm’s 50-day simple moving average is C$1.25 and its 200-day simple moving average is C$1.25. The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.30 and a current ratio of 2.56.

Orezone Gold (CVE:OREGet Free Report) last issued its quarterly earnings data 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. Equities research analysts anticipate that Orezone Gold Co. will post 0.13 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have issued reports on ORE shares. Raymond James raised their target price on Orezone Gold from C$1.50 to C$1.65 in a report on Tuesday. Pi Financial lowered their price target on Orezone Gold from C$1.60 to C$1.50 in a research note on Tuesday, April 2nd. Finally, CIBC decreased their price objective on Orezone Gold from C$2.00 to C$1.50 in a report on Monday, April 15th. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of C$1.86.

View Our Latest Report on ORE

About Orezone Gold

(Get Free Report)

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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