Ventum Financial Cuts Orezone Gold (CVE:ORE) Price Target to C$1.40

Orezone Gold (CVE:ORE) had its price objective decreased by Ventum Financial from C$1.50 to C$1.40 in a research note published on Friday morning,BayStreet.CA reports.

Orezone Gold Stock Performance

Shares of ORE opened at C$1.25 on Friday. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.56 and a quick ratio of 2.30. The firm has a 50 day simple moving average of C$1.25 and a 200-day simple moving average of C$1.25. Orezone Gold has a 1-year low of C$0.87 and a 1-year high of C$1.70. The stock has a market cap of C$404.42 million and a price-to-earnings ratio of -14.88.

About Orezone Gold

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.