Orezone Gold (OTCMKTS:ORZCF) Trading 0.9% Higher – Here’s What Happened

Orezone Gold Co. (OTCMKTS:ORZCF)’s share price traded up 0.9% during trading on Monday . The company traded as high as $1.7345 and last traded at $1.7345. 418,243 shares were traded during trading, an increase of 54% from the average session volume of 272,334 shares. The stock had previously closed at $1.7194.

Wall Street Analysts Forecast Growth

Separately, National Bank Financial assumed coverage on Orezone Gold in a research report on Thursday, April 16th. They issued an “outperform” rating on the stock. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, Orezone Gold has an average rating of “Moderate Buy”.

Orezone Gold Trading Up 0.9%

The firm’s 50-day moving average is $1.71 and its 200-day moving average is $1.65.

About Orezone Gold

Orezone Gold Corporation is a Canadian-based gold producer and developer listed on the OTCMKTS under the ticker ORZCF. The company focuses on bringing its flagship Bomboré gold project in Burkina Faso into full-scale commercial operation. Orezone Gold’s corporate office is located in Vancouver, British Columbia, and its shares trade on both North American and international exchanges.

Orezone Gold’s primary activities include exploration, project development, and mining operations. The company holds a 90% interest in the Bomboré licence, with the government of Burkina Faso retaining a 10% carried interest.