Orezone Gold Corp (ORE) Posts Quarterly Earnings Results, Beats Expectations By $0.02 EPS
Orezone Gold Corp (TSE:ORE) announced its earnings results on Monday. The company reported ($0.01) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.03) by $0.02, Analyst RN reports.
A number of analysts have recently weighed in on ORE shares. Analysts at Paradigm Capital raised their price target on shares of Orezone Gold Corp from C$1.05 to C$1.15 in a research note on Friday, June 6th. They now have a “speculative buy” rating on the stock. On the ratings front, analysts at Canaccord Genuity raised their price target on shares of Orezone Gold Corp from C$0.10 to C$1.15 in a research note on Thursday, June 5th. They now have a “buy” rating on the stock. Finally, analysts at Raymond James raised their price target on shares of Orezone Gold Corp from C$1.30 to C$1.50 in a research note on Thursday, June 5th. They now have an “outperform” rating on the stock. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of C$1.08.
Orezone Gold Corp (TSE:ORE) opened at 0.85 on Monday. Orezone Gold Corp has a 52-week low of $0.32 and a 52-week high of $0.90. The stock’s 50-day moving average is $0.65 and its 200-day moving average is $0.59. The company’s market cap is $81.3 million.
Orezone Gold Corporation (TSE:ORE) is an exploration-stage company.
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