Orezone Gold Co. (OTCMKTS:ORZCF – Get Free Report) was down 3.4% during trading on Wednesday. The stock traded as low as $2.22 and last traded at $2.28. 169,861 shares traded hands during trading, a decline of 30% from the average session volume of 242,514 shares. The stock had previously closed at $2.3598.
Analyst Upgrades and Downgrades
Separately, Canadian Imperial Bank of Commerce upgraded shares of Orezone Gold from a “neutral” rating to an “outperform” rating in a report on Sunday, September 20th. Three analysts have rated the stock with a Buy rating, According to MarketBeat, the company has an average rating of “Buy”.
Read Our Latest Stock Analysis on ORZCF
Orezone Gold Stock Performance
Orezone Gold Company Profile
Orezone Gold Corporation is a Canadian mineral exploration and development company focused on gold assets in Burkina Faso, West Africa. Its principal asset is the Bomboré Gold Mine, an open-pit operation located near the country’s capital, Ouagadougou.
Bomboré produces gold from oxide ore and is being developed in phases to support the processing of additional ore types, including sulphide mineralization. Orezone’s activities include mine development, mineral exploration, processing, and ongoing efforts to expand and optimize the Bomboré operation.
The company advanced Bomboré into commercial production in 2022.
Further Reading
- Five stocks we like better than Orezone Gold
- Alphabet Introduces Gemini Agent—Can It Trigger a Breakout?
- Palantir’s Rally Puts Wall Street in Catch-Up Mode Ahead of November Earnings
- Tilray Finds a Path to Growth Without Waiting on U.S. Cannabis Reform
- Arista Networks Plugs Into All-Time Highs
Receive News & Ratings for Orezone Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Orezone Gold and related companies with MarketBeat.com's FREE daily email newsletter.
