Short Interest in Orezone Gold Co. (OTCMKTS:ORZCF) Declines By 46.5%

Orezone Gold Co. (OTCMKTS:ORZCFGet Free Report) saw a significant drop in short interest in August. As of August 14th, there was short interest totaling 2,264,251 shares, a drop of 46.5% from the July 30th total of 4,230,540 shares. Based on an average daily trading volume, of 157,344 shares, the short-interest ratio is presently 14.4 days.

Orezone Gold Stock Performance

Shares of ORZCF traded down $0.03 on Monday, reaching $1.93. The stock had a trading volume of 602,567 shares, compared to its average volume of 245,689. Orezone Gold has a twelve month low of $0.75 and a twelve month high of $2.30. The firm has a 50-day moving average of $1.74 and a 200 day moving average of $1.72.

About Orezone Gold

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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.

Further Reading

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