Orezone Gold Corp (ORE) Receives C$0.97 Consensus Price Target from Analysts
Orezone Gold Corp (TSE:ORE) has been given a consensus recommendation of “Buy” by the eight ratings firms that are currently covering the stock. Three analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is C$0.97.
Several research analysts recently issued reports on the stock. Raymond James Financial Inc. reduced their price target on shares of Orezone Gold Corp from C$1.90 to C$1.10 and set an “outperform” rating on the stock in a research report on Tuesday, August 23rd. National Bank Financial upgraded shares of Orezone Gold Corp from a “sector perform” rating to an “outperform” rating in a research report on Friday, September 9th. BMO Capital Markets reduced their price target on shares of Orezone Gold Corp from C$1.75 to C$0.75 and set a “market perform” rating on the stock in a research report on Tuesday, August 23rd. CIBC upgraded shares of Orezone Gold Corp from an “underperform” rating to a “sector perform” rating in a research report on Monday, June 27th. Finally, Paradigm Capital reiterated a “speculative buy” rating and set a C$0.95 price target on shares of Orezone Gold Corp in a research report on Thursday, September 22nd.
Orezone Gold Corp Company Profile
Orezone Gold Corporation is a Canada-based development-stage company. The Company is engaged in the exploration and development of gold properties in Burkina Faso, West Africa. The Company operates through the acquisition, exploration and potential development of precious metal properties segment. The Company has over two advanced-stage exploration gold projects in Burkina Faso: Bombore and Bondi.
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