Orezone Gold (CVE:ORE – Free Report) had its price target cut by TD Securities from C$1.65 to C$1.40 in a research note released on Wednesday, BayStreet.CA reports. They currently have a buy rating on the stock.
A number of other research analysts have also recently weighed in on ORE. Pi Financial cut their price objective on shares of Orezone Gold from C$2.45 to C$2.25 and set a buy rating on the stock in a research report on Thursday, October 26th. CIBC lowered their target price on shares of Orezone Gold from C$2.15 to C$2.00 and set an outperform rating for the company in a research note on Friday, October 13th. Finally, Raymond James lowered their price objective on shares of Orezone Gold from C$2.00 to C$1.75 and set an outperform rating for the company in a research note on Friday, October 13th. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock presently has an average rating of Buy and an average target price of C$2.13.
Orezone Gold Stock Performance
Orezone Gold Company Profile
Orezone Gold Corporation engages in the acquisition, exploration, and development of resource properties. Its flagship property is the 90%-owned BomborÃ© gold project located in Burkina Faso, West Africa. The company was incorporated in 2008 and is headquartered in Vancouver, Canada.
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