Raymond James price target $1.40
posted on
Feb 21, 2015 09:17PM
Orezone Gold Corp PT Raised to C$1.40 (ORE)
January 29th, 2015 - 0 comments - Filed Under - by Justin Garson
Orezone Gold Corp logoResearch analysts at Raymond James increased their target price on shares of Orezone Gold Corp (TSE:ORE) from C$1.30 to C$1.40 in a report released on Wednesday. The firm currently has an “outperform” rating on the stock. Raymond James’ price target would indicate a potential upside of 180.00% from the company’s current price.
Separately, analysts at Canaccord Genuity raised their price target on shares of Orezone Gold Corp from C$0.75 to C$0.85 and gave the company a “speculative buy” rating in a research note on Tuesday, November 18th. Five investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of C$1.17.
Shares of Orezone Gold Corp (TSE:ORE) opened at 0.50 on Wednesday. Orezone Gold Corp has a one year low of $0.37 and a one year high of $1.07. The stock’s 50-day moving average is $0.48 and its 200-day moving average is $0.6. The company’s market cap is $47.8 million.
Orezone Gold Corporation (TSE:ORE) is an exploration-stage company. Orezone is engaged in the acquisition, exploration and development of gold projects in Burkina Faso and uranium projects in Niger, West Africa. Orezone’s 168 square-kilometer Bombore Project is the undeveloped gold deposit in Burkina Faso.
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