Orezone Gold (CVE:ORE) Given a C$3.75 Price Target by National Bank Financial Analysts

National Bank Financial set a C$3.75 target price on Orezone Gold (CVE:ORE) in a research note released on Friday,BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

Orezone Gold Price Performance

Shares of ORE stock opened at C$1.25 on Friday. Orezone Gold has a 52-week low of C$0.87 and a 52-week high of C$1.70. The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.30 and a current ratio of 2.56. The firm has a market capitalization of C$404.42 million and a P/E ratio of -14.88. The stock has a 50 day moving average price of C$1.25 and a 200 day moving average price of C$1.25.

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.