Orezone Gold Corporation

TSX:ORE Stock Report

Market Cap: CA$1.5b

Orezone Gold Dividends and Buybacks

Dividend criteria checks 0/6

Orezone Gold does not have a record of paying a dividend.

Key information

n/a

Dividend yield

-7.9%

Buyback Yield

Total Shareholder Yield-7.9%
Future Dividend Yieldn/a
Dividend Growthn/a
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ration/a

Recent dividend and buyback updates

No updates

Recent updates

Narrative Update Apr 30

ORE: Production Delivery And Revised Earnings Assumptions Will Drive Reassessment Of Neutral Stance

Analysts lifted their price target on Orezone Gold to CA$8.00 from CA$3.05, citing updated assumptions on discount rates, revenue growth, profit margins, and future P/E expectations, as reflected in recent target hikes and a bullish initiation from the Street. Analyst Commentary Bullish analysts have recently updated their views on Orezone Gold, pointing to refreshed assumptions on discount rates, revenue growth, profit margins, and future P/E expectations as key drivers behind higher valuation targets.
Narrative Update Apr 16

ORE: Updated Discount Rate And P/E Assumptions Will Support Future Upside

Analysts have nudged their price target on Orezone Gold higher by CA$0.25, citing updated assumptions around discount rates, growth and future P/E that support a slightly richer valuation framework. Analyst Commentary Bullish Takeaways Bullish analysts see the higher target price as reflecting updated P/E assumptions that they view as more in line with the company’s current project pipeline and risk profile.
Narrative Update Apr 01

ORE: Lower Discount Rate And Production Ramp-Up Will Support Future Upside

Analysts have lifted their fair value estimate for Orezone Gold from CA$4.11 to CA$4.69, citing updated expectations around discount rates, revenue growth, profit margins, and a lower forward P/E multiple reflected in recent CIBC and Canaccord price target increases. Analyst Commentary Bullish Takeaways Bullish analysts frame the higher fair value and recent price target adjustments as support for Orezone Gold's current valuation, with the updated CA$4.69 estimate aligning more closely with their revised outlooks.
Narrative Update Mar 18

ORE: Higher Medium Term Profile Will Support Future Re Rating Potential

Analysts have lifted their price target on Orezone Gold by CA$0.25 to CA$3.50, reflecting updated views on fair value, discount rate, growth expectations and profitability. Analyst Commentary Recent research points to a more cautious tone around Orezone Gold, even as price targets are fine tuned.
Narrative Update Mar 04

ORE: New Production Ramp-Up And Updated Assumptions Will Support Future Upside

Analysts have lifted their CA$ price target on Orezone Gold by CA$0.25, citing updated assumptions around discount rates, revenue growth, profit margins and future P/E expectations as reflected in recent research from major brokers. Analyst Commentary Recent research updates that lifted the CA$ price target on Orezone Gold by CA$0.25 focus on revised assumptions for discount rates, revenue growth, profit margins and future P/E expectations.
Narrative Update Feb 18

ORE: New Production Ramp-Up And Rebased Assumptions Will Support Future Share Momentum

Analysts have increased their CA$ price target on Orezone Gold by CA$1.69, citing updated assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E that reshape how they value the company. Analyst Commentary Bullish Takeaways Bullish analysts see the higher CA$ price targets as better alignment between their fair value models and updated assumptions for discount rates and projected profitability.
Narrative Update Feb 03

ORE: Higher Medium Term Production Profile Will Support Re Rating Potential

Narrative Update Analysts have lifted their price target on Orezone Gold from C$1.90 to C$3.25, reflecting updated assumptions on fair value, discount rate, revenue growth, profit margins and future P/E that align with recent target increases from firms such as CIBC and Canaccord. Analyst Commentary Recent research on Orezone Gold shows a mix of optimism and caution, with some price targets being raised while others have been revised down to reflect perceived risks around execution, growth and valuation.
Analysis Article Jan 23

The Market Lifts Orezone Gold Corporation (TSE:ORE) Shares 31% But It Can Do More

Despite an already strong run, Orezone Gold Corporation ( TSE:ORE ) shares have been powering on, with a gain of 31% in...
Narrative Update Jan 20

ORE: Lower Implied Upside Will Limit Re Rating Potential Near Term

Analysts have reduced their price target on Orezone Gold to C$1.90 from C$2.10, reflecting updated assumptions around discount rates, revenue growth, profit margins and future P/E expectations. Analyst Commentary Bearish analysts are signaling a more cautious stance on Orezone Gold by setting a C$1.90 price target, which they view as better aligned with their current assumptions on risk, earnings power and valuation multiples.
Analysis Article Jan 07

Here's Why Orezone Gold (TSE:ORE) Can Manage Its Debt Responsibly

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Narrative Update Jan 06

ORE: Neutral Stance And 2026 Production Guidance Will Shape Near-Term Outlook

Narrative update on Orezone Gold The analyst fair value estimate for Orezone Gold has shifted from C$1.50 to C$1.75, reflecting updated assumptions on growth, profitability, discount rate and future P/E, alongside recent Street research where analysts moved to Neutral and trimmed published targets to C$1.90 from C$2.10. Analyst Commentary Recent Street research shows a more cautious tone around Orezone Gold, with bearish analysts revisiting their expectations for both upside potential and execution risks.
Narrative Update Dec 15

ORE: Index Additions And Production Delivery Will Drive Reassessment Of Neutral Stance

Analysts have trimmed their price target on Orezone Gold from about C$2.10 to roughly C$1.90, reflecting a higher perceived risk profile even as they factor in markedly stronger long term revenue growth and profit margin assumptions, as well as a lower future P E multiple in their valuation models. Analyst Commentary Recent research updates highlight a more balanced stance toward Orezone Gold, with the latest rating move to Neutral signalling a wait and see approach rather than outright pessimism.
Analysis Article Dec 07

Orezone Gold Corporation (TSE:ORE) Soars 26% But It's A Story Of Risk Vs Reward

The Orezone Gold Corporation ( TSE:ORE ) share price has done very well over the last month, posting an excellent gain...
Narrative Update Dec 01

ORE: New Index Inclusions Will Drive Share Momentum Amid Neutral Outlook

Analysts have lowered their price target for Orezone Gold from C$2.10 to C$1.90, citing revised growth expectations and a recent shift to a Neutral rating. Analyst Commentary Recent commentary from market observers has highlighted several key factors influencing Orezone Gold's latest valuation changes and stock rating adjustments.
Analysis Article Nov 21

Here's Why We Think Orezone Gold (TSE:ORE) Might Deserve Your Attention Today

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Narrative Update Nov 17

ORE: Ongoing Execution And New Index Inclusion Will Drive Share Upside

Orezone Gold's analyst price target has been reduced from C$2.10 to C$1.90. Analysts cite revised expectations following a downgrade and updated financial projections.
Narrative Update Nov 01

ORE: Improved Profit Margins Will Drive Long-Term Value Amid Index Inclusion

Analysts have raised their price target for Orezone Gold from C$2.30 to C$2.49. They cite improved profit margins, even though revenue growth forecasts have moderated.
Narrative Update Oct 17

Bomboré Expansion Will Secure Long-Term Gold Production Capacity

Narrative Update on Orezone Gold Analysts have raised their price target for Orezone Gold from C$2.16 to C$2.30, citing improved revenue growth expectations, even as they note a recent reduction in profit margin and a more cautious industry outlook. Analyst Commentary Analyst perspectives on Orezone Gold have recently shifted, reflecting a mix of optimism about potential growth opportunities and concerns about current profitability and industry headwinds.
Narrative Update Oct 03

Bomboré Expansion Will Secure Long-Term Gold Production Capacity

Analysts have increased their price target for Orezone Gold from C$1.30 to C$1.80, citing stronger profit margins despite modestly lower revenue growth expectations. Analyst Commentary Bullish Takeaways Bullish analysts highlight improved profit margins.
Analysis Article Sep 28

A Piece Of The Puzzle Missing From Orezone Gold Corporation's (TSE:ORE) 26% Share Price Climb

The Orezone Gold Corporation ( TSE:ORE ) share price has done very well over the last month, posting an excellent gain...
Analysis Article Aug 20

Orezone Gold's (TSE:ORE) Solid Profits Have Weak Fundamentals

TSX:ORE 1 Year Share Price vs Fair Value Explore Orezone Gold's Fair Values from the Community and select yours Orezone...
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New Narrative Jul 01

Orezone Gold Corp. (ORE.TO) offers one of the most compelling asymmetric opportunities in the small-to-mid cap gold space.

Orezone Gold represents one of the clearest high-conviction asymmetry setups in the TSX junior producer space. With a fully funded Stage I hard-rock expansion, a record-setting Q1 2025 earnings print,
Analysis Article May 29

These 4 Measures Indicate That Orezone Gold (TSE:ORE) Is Using Debt Reasonably Well

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Apr 12

Market Might Still Lack Some Conviction On Orezone Gold Corporation (TSE:ORE) Even After 31% Share Price Boost

Orezone Gold Corporation ( TSE:ORE ) shares have continued their recent momentum with a 31% gain in the last month...
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New Narrative Feb 10

Hard Rock Expansion To Increase Production Capacity Starting Q4 2025

Orezone Gold's expansion plans and cost efficiencies aim to significantly boost gold production and improve net margins through enhanced operational efficiency.
Analysis Article Feb 07

Orezone Gold Corporation (TSE:ORE) Stock Rockets 29% But Many Are Still Ignoring The Company

Orezone Gold Corporation ( TSE:ORE ) shareholders would be excited to see that the share price has had a great month...
Analysis Article Jan 09

An Intrinsic Calculation For Orezone Gold Corporation (TSE:ORE) Suggests It's 27% Undervalued

Key Insights Using the 2 Stage Free Cash Flow to Equity, Orezone Gold fair value estimate is CA$0.98 Current share...
Analysis Article Nov 20

Orezone Gold Corporation (TSE:ORE) Stock's 28% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Orezone Gold Corporation ( TSE:ORE ) shareholders won't be pleased to see that the share price has had a very rough...
Analysis Article Nov 14

Orezone Gold's (TSE:ORE) Shareholders Have More To Worry About Than Only Soft Earnings

A lackluster earnings announcement from Orezone Gold Corporation ( TSE:ORE ) last week didn't sink the stock price. We...

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Insufficient data to determine if ORE's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ORE's dividend payments have been increasing.


Dividend Yield vs Market

Orezone Gold Dividend Yield vs Market
How does ORE dividend yield compare to the market?
SegmentDividend Yield
Company (ORE)n/a
Market Bottom 25% (CA)1.7%
Market Top 25% (CA)5.4%
Industry Average (Metals and Mining)1.3%
Analyst forecast (ORE) (up to 3 years)n/a

Notable Dividend: Unable to evaluate ORE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ORE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate ORE's payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as ORE has not reported any payouts.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/07 10:33
End of Day Share Price 2026/05/07 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Orezone Gold Corporation is covered by 13 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andrew BreichmanasBMO Capital Markets Equity Research
Carey MacRuryCanaccord Genuity
Jeremy HoyCanaccord Genuity