Brokers Issue Forecasts for Orezone Gold Co.’s Q3 2022 Earnings (CVE:ORE)

Orezone Gold Co. (CVE:OREGet Rating) – Analysts at Raymond James issued their Q3 2022 earnings per share (EPS) estimates for Orezone Gold in a research report issued on Monday, May 16th. Raymond James analyst C. Stanley forecasts that the company will earn ($0.01) per share for the quarter. Raymond James has a “Strong-Buy” rating and a $2.40 price target on the stock. Raymond James also issued estimates for Orezone Gold’s FY2022 earnings at ($0.01) EPS, Q1 2023 earnings at $0.08 EPS, Q2 2023 earnings at $0.08 EPS, Q3 2023 earnings at $0.08 EPS and Q4 2023 earnings at $0.09 EPS.

CVE:ORE opened at C$1.25 on Wednesday. Orezone Gold has a one year low of C$0.87 and a one year high of C$1.70. The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.30 and a current ratio of 2.56. The stock has a market cap of C$404.42 million and a PE ratio of -14.88. The stock has a 50 day moving average price of C$1.25 and a 200 day moving average price of C$1.25.

Orezone Gold (CVE:OREGet Rating) last released its earnings results on Thursday, March 24th. The company reported C($0.02) earnings per share for the quarter.

About Orezone Gold (Get Rating)

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.

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Earnings History and Estimates for Orezone Gold (CVE:ORE)

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