Short Interest in Orezone Gold Co. (OTCMKTS:ORZCF) Increases By 76.3%

Orezone Gold Co. (OTCMKTS:ORZCF) saw a significant growth in short interest in July. As of July 31st, there was short interest totaling 4,230,540 shares, a growth of 76.3% from the July 15th total of 2,399,016 shares. Based on an average daily volume of 208,311 shares, the days-to-cover ratio is currently 20.3 days.

Orezone Gold Price Performance

ORZCF stock traded up $0.12 during midday trading on Monday, hitting $2.01. The stock had a trading volume of 1,307 shares, compared to its average volume of 240,355. The business has a 50-day moving average of $1.67 and a two-hundred day moving average of $1.72. Orezone Gold has a 52-week low of $0.75 and a 52-week high of $2.30.

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.