Orezone Gold (ORZCF) Projected to Post Earnings on Wednesday

Orezone Gold (OTCMKTS:ORZCF) is expected to post its results before the market opens on Wednesday, May 13th. Analysts expect Orezone Gold to post earnings of $0.0671 per share and revenue of $178.05 million for the quarter.

Orezone Gold Price Performance

OTCMKTS:ORZCF opened at $1.63 on Monday. Orezone Gold has a twelve month low of $0.69 and a twelve month high of $2.30. The company’s 50-day moving average price is $1.67 and its 200-day moving average price is $1.48.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on ORZCF shares. Canadian Imperial Bank of Commerce restated a “neutral” rating on shares of Orezone Gold in a report on Tuesday, January 27th. National Bank Financial began coverage on Orezone Gold in a research report on Thursday, April 16th. They set an “outperform” rating on the stock. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, Orezone Gold presently has a consensus rating of “Moderate Buy”.

Orezone Gold Company Profile

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.