Brokers Offer Predictions for Orezone Gold FY2024 Earnings

Orezone Gold Co. (CVE:ORE) – Stock analysts at Ventum Cap Mkts decreased their FY2024 EPS estimates for Orezone Gold in a research report issued to clients and investors on Wednesday, November 6th. Ventum Cap Mkts analyst A. Terentiew now expects that the company will earn $0.17 per share for the year, down from their previous forecast of $0.19. The consensus estimate for Orezone Gold’s current full-year earnings is $0.13 per share. Ventum Cap Mkts also issued estimates for Orezone Gold’s FY2025 earnings at $0.25 EPS and FY2026 earnings at $0.36 EPS.

Orezone Gold Price Performance

Shares of CVE ORE opened at C$1.25 on Monday. The company has a fifty day moving average price of C$1.25 and a 200 day moving average price of C$1.25. Orezone Gold has a 1-year low of C$0.87 and a 1-year high of C$1.70. The firm has a market cap of C$404.42 million and a PE ratio of -14.88. The company has a current ratio of 2.56, a quick ratio of 2.30 and a debt-to-equity ratio of 0.21.

Insider Buying and Selling

In other Orezone Gold news, insider Resource Capital Fund VII L.P. purchased 717,327 shares of the firm’s stock in a transaction dated Monday, October 7th. The stock was bought at an average cost of C$0.76 per share, with a total value of C$544,755.34. In other Orezone Gold news, insider Resource Capital Fund VII L.P. acquired 717,327 shares of Orezone Gold stock in a transaction dated Monday, October 7th. The stock was bought at an average cost of C$0.76 per share, for a total transaction of C$544,755.34. Also, Director T. Sean Harvey bought 56,500 shares of the stock in a transaction that occurred on Monday, November 11th. The stock was bought at an average cost of C$0.71 per share, for a total transaction of C$40,284.50.

Orezone Gold Company Profile

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.