Research Analysts Offer Predictions for Orezone Gold Co.’s FY2027 Earnings (CVE:ORE)

Orezone Gold Co. (CVE:ORE) – Equities research analysts at Ventum Cap Mkts upped their FY2027 earnings per share estimates for shares of Orezone Gold in a research report issued on Tuesday, May 7th. Ventum Cap Mkts analyst A. Terentiew now anticipates that the company will post earnings per share of $0.19 for the year, up from their prior estimate of $0.12. The consensus estimate for Orezone Gold’s current full-year earnings is $0.13 per share.

Orezone Gold (CVE:ORE) last issued its quarterly earnings results on Tuesday, March 26th. The company reported C$0.05 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.07 by C($0.02). The business had revenue of C$92.01 million for the quarter.

Other analysts also recently issued reports about the stock. Raymond James cut their target price on shares of Orezone Gold from C$1.65 to C$1.40 in a research note on Wednesday. CIBC decreased their price objective on Orezone Gold from C$2.00 to C$1.50 in a research report on Monday, April 15th. Finally, 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. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat, Orezone Gold currently has an average rating of “Buy” and an average target price of C$1.81.

Orezone Gold Stock Performance

CVE:ORE opened at C$1.25 on Thursday. Orezone Gold has a 1-year low of C$0.87 and a 1-year high of C$1.70. The stock has a fifty day simple moving average of C$1.25 and a 200 day simple moving average of C$1.25. The firm has a market capitalization of C$404.42 million and a price-to-earnings ratio of -14.88. The company has a quick ratio of 2.30, a current ratio of 2.56 and a debt-to-equity ratio of 0.21.

Insider Buying and Selling

In other Orezone Gold news, Senior Officer Vanessa Pickering sold 100,000 shares of Orezone Gold stock in a transaction that occurred on Thursday, April 4th. The stock was sold at an average price of C$0.81, for a total transaction of C$81,000.00.

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.