Short Interest in Orezone Gold Co. (OTCMKTS:ORZCF) Declines By 46.5%

Orezone Gold Co. (OTCMKTS:ORZCF) was the recipient of a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 2,264,251 shares, a decrease 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 currently 14.4 days.

Orezone Gold Stock Down 1.3%

Orezone Gold stock opened at $1.93 on Tuesday. The stock has a 50-day moving average price of $1.74 and a 200 day moving average price of $1.72. Orezone Gold has a 52 week low of $0.75 and a 52 week 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.