Ventum Financial Cuts Orezone Gold (CVE:ORE) Price Target to C$1.40

Orezone Gold (CVE:ORE) had its target price decreased by Ventum Financial from C$1.50 to C$1.40 in a research report sent to investors on Friday,BayStreet.CA reports.

Orezone Gold Price Performance

Shares of CVE ORE opened at C$1.25 on Friday. Orezone Gold has a 1 year low of C$0.87 and a 1 year high of C$1.70. The firm’s 50 day moving average price is C$1.25 and its 200 day moving average price is C$1.25. The firm has a market cap of C$404.42 million and a P/E ratio of -14.88. The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.30 and a current ratio of 2.56.

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.