Orezone Gold (CVE:ORE) Price Target Cut to C$1.40 by Analysts at Ventum Financial

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

Orezone Gold Price Performance

ORE stock opened at C$1.25 on Friday. The company’s 50 day simple moving average is C$1.25 and its 200-day simple moving average is C$1.25. The firm has a market capitalization of C$404.42 million and a PE ratio of -14.88. Orezone Gold has a 12 month low of C$0.87 and a 12 month high of C$1.70. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.56 and a quick ratio of 2.30.

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.