Orezone Gold Co. (CVE:ORE) Senior Officer Sells C$81,000.00 in Stock

Orezone Gold Co. (CVE:ORE) Senior Officer Vanessa Pickering sold 100,000 shares of the stock in a transaction on Thursday, April 4th. The shares were sold at an average price of C$0.81, for a total transaction of C$81,000.00.

Orezone Gold Price Performance

ORE remained flat at C$1.25 during trading on Tuesday. The company’s stock had a trading volume of 149,842 shares, compared to its average volume of 229,152. The stock’s 50-day moving average price is C$1.25 and its 200 day moving average price is C$1.25. The firm has a market capitalization of C$404.42 million and a P/E 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 Co. has a one year low of C$0.87 and a one year high of C$1.70.

Orezone Gold (CVE:ORE) last released its quarterly earnings data on Tuesday, March 26th. The company reported C$0.05 EPS for the quarter, missing analysts’ consensus estimates of C$0.07 by C($0.02). The firm had revenue of C$92.01 million during the quarter. On average, analysts anticipate that Orezone Gold Co. will post 0.13 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Raymond James boosted their price target on Orezone Gold from C$1.50 to C$1.65 in a report on Tuesday, April 23rd. CIBC lowered their price objective on shares of Orezone Gold from C$2.00 to C$1.50 in a research note on Monday, April 15th. Finally, Pi Financial lowered their target price on shares of Orezone Gold from C$1.60 to C$1.50 in a research note on Tuesday, April 2nd. Five analysts have rated the stock with a buy rating, According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of C$1.86.

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.