Orezone Gold Co. (OTCMKTS:ORZCF) Short Interest Up 76.3% in July

Orezone Gold Co. (OTCMKTS:ORZCFGet Free Report) was the target of a significant growth in short interest in July. As of July 31st, there was short interest totaling 4,230,540 shares, a growth of 76.3% from the July 15th total of 2,399,016 shares. Based on an average trading volume of 208,311 shares, the days-to-cover ratio is presently 20.3 days.

Orezone Gold Trading Up 6.3%

Shares of OTCMKTS ORZCF traded up $0.12 during trading on Monday, reaching $2.01. The company had a trading volume of 1,307 shares, compared to its average volume of 240,355. Orezone Gold has a 12-month low of $0.75 and a 12-month high of $2.30. The business’s 50-day moving average is $1.67 and its 200 day moving average is $1.72.

Orezone Gold Company Profile

(Get Free Report)

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.

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