Orezone Gold Co. (CVE:ORE – Get Rating) – Research analysts at Raymond James raised their FY2022 earnings per share estimates for shares of Orezone Gold in a research note issued to investors on Tuesday, January 17th. Raymond James analyst C. Stanley now anticipates that the company will post earnings per share of $0.03 for the year, up from their previous estimate of ($0.01). Raymond James has a “Outperform” rating and a $2.15 price target on the stock. The consensus estimate for Orezone Gold’s current full-year earnings is $0.13 per share.
A number of other analysts have also commented on the company. TD Securities set a C$2.25 target price on Orezone Gold and gave the company a “speculative buy” rating in a research report on Friday, October 21st. Pi Financial dropped their price objective on Orezone Gold from C$2.20 to C$2.00 in a research note on Thursday, December 8th.
Orezone Gold Stock Performance
Insider Activity at Orezone Gold
In related news, Director Patrick Downey acquired 60,000 shares of Orezone Gold stock in a transaction dated Wednesday, January 4th. The shares were purchased at an average cost of C$1.25 per share, with a total value of C$74,928.00. Following the completion of the purchase, the director now owns 5,127,000 shares of the company’s stock, valued at C$6,402,597.60. Insiders have bought a total of 150,000 shares of company stock valued at $185,878 over the last 90 days.
About Orezone Gold
Orezone Gold Corporation engages in the acquisition, exploration, and development of resource properties. Its flagship property is the 90%-owned BomborÃ© gold project located in Burkina Faso, West Africa. The company was incorporated in 2008 and is headquartered in Vancouver, Canada.
- MarketBeat Week in Review – 1/16 – 1/20
- Does Old Dominion Show That Trucking Is Hitting The Brakes?
- Nordstrom Puts Fear Of Markdowns Into Retail Sector
- Exxon Mobil Stock: Within Striking Distance Of Buy Point
- High-Dividend-Yielding BHP Sees China Driving ’23 Growth
Receive News & Ratings for Orezone Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Orezone Gold and related companies with MarketBeat.com's FREE daily email newsletter.