Orezone Gold (OTCMKTS:ORZCF) PT Raised to C$2.40 at Raymond James

Orezone Gold (OTCMKTS:ORZCFGet Rating) had its price objective hoisted by investment analysts at Raymond James from C$2.00 to C$2.40 in a research report issued on Wednesday, The Fly reports.

Separately, Canaccord Genuity Group upped their price objective on shares of Orezone Gold from C$2.75 to C$3.25 and gave the stock a “buy” rating in a research report on Thursday, April 7th.

ORZCF stock traded down $0.05 during trading on Wednesday, reaching $1.32. 28,689 shares of the company traded hands, compared to its average volume of 44,065. The business has a 50 day simple moving average of $1.19 and a 200 day simple moving average of $1.04. Orezone Gold has a 12 month low of $0.76 and a 12 month high of $1.43.

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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