Orezone Gold Corp (CVE:ORE)’s share price reached a new 52-week low during trading on Friday . The stock traded as low as C$0.40 and last traded at C$0.40, with a volume of 437823 shares traded. The stock had previously closed at C$0.43.
Separately, Raymond James set a C$1.10 price target on Orezone Gold and gave the company an “outperform” rating in a research report on Friday, February 22nd.
The stock has a market cap of $91.30 million and a PE ratio of -5.58.
About Orezone Gold (CVE:ORE)
Orezone Gold Corporation engages in the investigation, acquisition, exploration, development, and operation of resource projects. Its principal property is the Bomboré gold project located in Burkina Faso, West Africa. The company was incorporated in 2008 and is headquartered in Ottawa, Canada. Orezone Gold Corporation(TSXV:ORE) operates independently of IAMGOLD Burkina Faso Inc as of February 25, 2009.
Recommended Story: Why is the Consumer Price Index (CPI) important?
Receive News & Ratings for Orezone Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Orezone Gold and related companies with MarketBeat.com's FREE daily email newsletter.