Orezone Gold Co. (CVE:ORE) Senior Officer Ryan Goodman Acquires 100,000 Shares

Orezone Gold Co. (CVE:ORE) Senior Officer Ryan Goodman acquired 100,000 shares of the stock in a transaction on Friday, April 19th. The shares were acquired at an average price of C$0.84 per share, for a total transaction of C$83,940.00.

Orezone Gold Price Performance

ORE stock opened at C$1.25 on Friday. The firm has a 50 day moving average of C$1.25 and a 200-day moving average of C$1.25. The company has a current ratio of 2.56, a quick ratio of 2.30 and a debt-to-equity ratio of 0.21. Orezone Gold Co. has a 12 month low of C$0.87 and a 12 month high of C$1.70. The firm has a market capitalization of C$404.42 million and a P/E ratio of -14.88.

Orezone Gold (CVE:ORE) last posted its quarterly earnings data on Tuesday, March 26th. The company reported C$0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.07 by C($0.02). The company had revenue of C$92.01 million during the quarter. As a group, sell-side analysts predict that Orezone Gold Co. will post 0.13 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts recently commented on ORE shares. Raymond James lifted their price target on Orezone Gold from C$1.50 to C$1.65 in a report on Tuesday. Pi Financial lowered their price objective on shares of Orezone Gold from C$1.60 to C$1.50 in a research report on Tuesday, April 2nd. Finally, CIBC lowered their price target on shares of Orezone Gold from C$2.00 to C$1.50 in a report on Monday, April 15th. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Orezone Gold has an average 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.