Orezone Gold (OTCMKTS:ORZCF) Price Target Cut to $1.50 by Analysts at Raymond James

Orezone Gold (OTCMKTS:ORZCF) had its target price cut by Raymond James from $1.75 to $1.50 in a research report sent to investors on Wednesday morning, Benzinga reports. They currently have an outperform rating on the stock.

Orezone Gold Stock Down 7.2 %

OTCMKTS ORZCF opened at $0.58 on Wednesday. Orezone Gold has a one year low of $0.50 and a one year high of $1.20. The stock’s 50-day moving average is $0.59 and its 200-day moving average is $0.62.

About Orezone Gold

Orezone Gold Corporation, a gold producer, engages in the mining, exploration, and development of gold 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.