Orezone Gold (CVE:ORE) Price Target Raised to C$2.75

Orezone Gold (CVE:ORE) had its target price raised by Canaccord Genuity Group from C$2.25 to C$2.75 in a report released on Thursday,BayStreet.CA reports.

Orezone Gold Stock Performance

Shares of ORE stock opened at C$1.25 on Thursday. The stock has a fifty day moving average price of C$1.25 and a 200 day moving average price of C$1.25. The stock has a market cap of C$404.42 million and a PE ratio of -14.88. Orezone Gold has a 1 year low of C$0.87 and a 1 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.

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.