Orezone Gold Corp’s (ORE) Speculative Buy Rating Reiterated at Paradigm Capital
Orezone Gold Corp (TSE:ORE)‘s stock had its “speculative buy” rating reiterated by investment analysts at Paradigm Capital in a report released on Thursday, StockTargetPrices.com reports. They presently have a C$0.95 target price on the stock. Paradigm Capital’s price target points to a potential upside of 258.49% from the stock’s previous close.
A number of other equities analysts also recently commented on the stock. National Bank Financial upgraded shares of Orezone Gold Corp from a “sector perform” rating to an “outperform” rating in a research report on Friday, September 9th. CIBC cut their price target on shares of Orezone Gold Corp from C$1.05 to C$0.85 in a report on Friday, September 9th. Raymond James Financial Inc. cut their price target on shares of Orezone Gold Corp from C$1.90 to C$1.10 and set an “outperform” rating for the company in a report on Tuesday, August 23rd. Finally, BMO Capital Markets cut their price target on shares of Orezone Gold Corp from C$1.75 to C$0.75 and set a “market perform” rating for the company in a report on Tuesday, August 23rd. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of C$0.97.
About Orezone Gold Corp
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Orezone Gold Corporation is a Canada-based development-stage company. The Company is engaged in the exploration and development of gold properties in Burkina Faso, West Africa. The Company operates through the acquisition, exploration and potential development of precious metal properties segment. The Company has over two advanced-stage exploration gold projects in Burkina Faso: Bombore and Bondi.
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