Orezone Gold Co. (CVE:ORE) Senior Officer Ryan Goodman Buys 100,000 Shares

Orezone Gold Co. (CVE:ORE) Senior Officer Ryan Goodman bought 100,000 shares of the business’s stock in a transaction dated Friday, April 19th. The shares were acquired at an average cost of C$0.84 per share, for a total transaction of C$83,940.00.

Orezone Gold Stock Performance

Orezone Gold stock remained flat at C$1.25 during mid-day trading on Friday. The company’s stock had a trading volume of 149,842 shares, compared to its average volume of 229,152. The firm’s 50-day moving average is C$1.25 and its two-hundred day moving average is C$1.25. 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 firm has a market cap of C$404.42 million and a price-to-earnings ratio of -14.88. Orezone Gold Co. has a one year low of C$0.87 and a one year high of C$1.70.

Orezone Gold (CVE:ORE) last posted its earnings results on Tuesday, March 26th. The company reported C$0.05 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.07 by C($0.02). The business had revenue of C$92.01 million during the quarter. Sell-side analysts predict that Orezone Gold Co. will post 0.13 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Pi Financial cut their target price on Orezone Gold from C$1.60 to C$1.50 in a research note on Tuesday, April 2nd. Raymond James increased their price objective on Orezone Gold from C$1.50 to C$1.65 in a research note on Tuesday. Finally, CIBC dropped their price objective on Orezone Gold from C$2.00 to C$1.50 in a research note on Monday, April 15th. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of C$1.86.

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.