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

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

Orezone Gold Price Performance

Shares of CVE:ORE opened at C$1.25 on Friday. The company has a quick ratio of 2.30, a current ratio of 2.56 and a debt-to-equity ratio of 0.21. The company has a market cap of C$404.42 million and a P/E ratio of -14.88. Orezone Gold has a 52 week low of C$0.87 and a 52 week high of C$1.70. The company has a 50-day moving average price of C$1.25 and a 200 day moving average price of C$1.25.

Orezone Gold Company Profile

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.