Orezone Gold (CVE:ORE) PT Set at C$3.75 by National Bank Financial

Orezone Gold (CVE:ORE) has been assigned a C$3.75 price target by investment analysts at National Bank Financial in a research note issued to investors on Friday, MarketBeat Ratings reports. The firm currently has an “outperform” rating on the stock. National Bank Financial’s target price suggests a potential upside of 200.00% from the stock’s current price.

Orezone Gold Stock Performance

ORE opened at C$1.25 on Friday. The business’s 50-day moving average price is C$1.25 and its two-hundred day moving average price is C$1.25. Orezone Gold has a 1 year low of C$0.87 and a 1 year high of C$1.70. The company has a market capitalization of C$404.42 million and a price-to-earnings ratio of -14.88. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.56 and a quick ratio of 2.30.

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.