Orezone Gold (ORZCF) Projected to Post Quarterly Earnings on Wednesday

Orezone Gold (OTCMKTS:ORZCF) is expected to post its results before the market opens on Wednesday, March 25th. Analysts expect Orezone Gold to post earnings of $0.0587 per share and revenue of $205.3440 million for the quarter.

Orezone Gold Trading Down 0.6%

Shares of OTCMKTS:ORZCF opened at $1.63 on Wednesday. The company has a 50 day moving average of $1.78 and a 200-day moving average of $1.33. Orezone Gold has a one year low of $0.53 and a one year high of $2.30.

Analysts Set New Price Targets

Separately, Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of Orezone Gold in a research note on Tuesday, January 27th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

About Orezone Gold

Orezone Gold Corporation is a Canadian-based gold producer and developer listed on the OTCMKTS under the ticker ORZCF. The company focuses on bringing its flagship Bomboré gold project in Burkina Faso into full-scale commercial operation. Orezone Gold’s corporate office is located in Vancouver, British Columbia, and its shares trade on both North American and international exchanges.

Orezone Gold’s primary activities include exploration, project development, and mining operations. The company holds a 90% interest in the Bomboré licence, with the government of Burkina Faso retaining a 10% carried interest.