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

Orezone Gold Co. (CVE:ORE) Senior Officer Ryan Goodman acquired 100,000 shares of the company’s stock in a transaction dated Friday, April 19th. The shares were bought at an average cost of C$0.84 per share, with a total value of C$83,940.00.

Orezone Gold Price Performance

ORE opened at C$1.25 on Friday. Orezone Gold Co. has a 1 year low of C$0.87 and a 1 year high of C$1.70. The firm has a 50 day moving average price of C$1.25 and a 200 day moving average price of 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. The company has a market cap of C$404.42 million and a PE ratio of -14.88.

Orezone Gold (CVE:ORE) last released its quarterly earnings data on Tuesday, March 26th. The company reported C$0.05 earnings per share (EPS) 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. Sell-side analysts expect that Orezone Gold Co. will post 0.13 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the stock. Raymond James boosted their target price on shares of Orezone Gold from C$1.50 to C$1.65 in a report on Tuesday, April 23rd. CIBC lowered their price objective on shares of Orezone Gold from C$2.00 to C$1.50 in a research note on Monday, April 15th. Finally, Pi Financial cut their target price on Orezone Gold from C$1.60 to C$1.50 in a research report on Tuesday, April 2nd. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, Orezone Gold currently has a consensus rating of “Buy” and an average target price of C$1.86.

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.