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

Orezone Gold Co. (OTCMKTS:ORZCFGet Rating) was the recipient of a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 26,600 shares, a growth of 478.3% from the March 15th total of 4,600 shares. Based on an average daily trading volume, of 66,700 shares, the days-to-cover ratio is presently 0.4 days.

Separately, Canaccord Genuity Group raised their target price on Orezone Gold from C$2.75 to C$3.25 and gave the company a “buy” rating in a report on Thursday, April 7th.

Shares of ORZCF stock opened at $1.35 on Wednesday. Orezone Gold has a fifty-two week low of $0.75 and a fifty-two week high of $1.40. The company has a 50 day moving average price of $1.15 and a 200 day moving average price of $1.02.

About Orezone Gold (Get Rating)

Orezone Gold Corporation engages in the acquisition, exploration, and development of resource properties. Its flagship property is the 90%-owned Bomboré gold project located in Burkina Faso, West Africa. The company was incorporated in 2008 and is headquartered in Vancouver, Canada.

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