FY2024 EPS Estimates for Orezone Gold Cut by Ventum Cap Mkts

Orezone Gold Co. (CVE:ORE) – Equities research analysts at Ventum Cap Mkts lowered their FY2024 earnings estimates for shares of Orezone Gold in a report issued on Wednesday, November 6th. Ventum Cap Mkts analyst A. Terentiew now anticipates that the company will earn $0.17 per share for the year, down from their previous estimate of $0.19. The consensus estimate for Orezone Gold’s current full-year earnings is $0.13 per share. Ventum Cap Mkts also issued estimates for Orezone Gold’s FY2025 earnings at $0.25 EPS and FY2026 earnings at $0.36 EPS.

Orezone Gold Stock Performance

CVE ORE opened at C$1.25 on Monday. The business has a 50-day moving average price of C$1.25 and a 200-day moving average price of C$1.25. The firm has a market cap of C$404.42 million and a price-to-earnings ratio of -14.88. Orezone Gold has a twelve month low of C$0.87 and a twelve month high of C$1.70. The company has a quick ratio of 2.30, a current ratio of 2.56 and a debt-to-equity ratio of 0.21.

Insider Buying and Selling at Orezone Gold

In related news, insider Resource Capital Fund VII L.P. bought 717,327 shares of the stock in a transaction dated Monday, October 7th. The shares were purchased at an average price of C$0.76 per share, with a total value of C$544,755.34.

Orezone Gold Company Profile

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.