Shares of Orezone Gold Corp (CVE:ORE) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as C$0.41 and last traded at C$0.43, with a volume of 24600 shares changing hands. The stock had previously closed at C$0.42.
Separately, Raymond James lowered their target price on Orezone Gold from C$1.10 to C$1.00 in a report on Monday, April 8th.
The firm has a market cap of $89.17 million and a PE ratio of -5.45.
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Orezone Gold Company Profile (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.
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