Orezone Gold Co. (OTCMKTS:ORZCF) Short Interest Update

Orezone Gold Co. (OTCMKTS:ORZCF) saw a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 2,264,251 shares, a decrease of 46.5% from the July 30th total of 4,230,540 shares. Based on an average trading volume of 157,344 shares, the short-interest ratio is presently 14.4 days.

Orezone Gold Stock Performance

Shares of ORZCF opened at $1.96 on Friday. The company’s 50-day moving average price is $1.74 and its 200 day moving average price is $1.73. Orezone Gold has a 12-month low of $0.75 and a 12-month 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.