Orezone Gold Corporation engages in the acquisition, exploration, and development of resource properties. More Details
Flawless balance sheet with moderate growth potential.
Share Price & News
How has Orezone Gold's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ORE is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: ORE's weekly volatility (7%) has been stable over the past year.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: ORE exceeded the Canadian Metals and Mining industry which returned 31.2% over the past year.
Return vs Market: ORE exceeded the Canadian Market which returned 10.1% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Orezone Gold's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StHave Insiders Been Buying Orezone Gold Corporation (CVE:ORE) Shares?
2 months ago | Simply Wall StWe Think Orezone Gold (CVE:ORE) Needs To Drive Business Growth Carefully
3 months ago | Simply Wall StHere's What Orezone Gold Corporation's (CVE:ORE) Shareholder Ownership Structure Looks Like
Is Orezone Gold undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate ORE's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate ORE's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: ORE is unprofitable, so we can't compare its PE Ratio to the CA Metals and Mining industry average.
PE vs Market: ORE is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ORE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ORE is overvalued based on its PB Ratio (8.7x) compared to the CA Metals and Mining industry average (3.2x).
How is Orezone Gold forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ORE is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.5%).
Earnings vs Market: ORE is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: ORE's is expected to become profitable in the next 3 years.
Revenue vs Market: Insufficient data to determine if ORE's revenue is forecast to grow faster than the Canadian market.
High Growth Revenue: Insufficient data to determine if ORE's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if ORE's Return on Equity is forecast to be high in 3 years time
How has Orezone Gold performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ORE is currently unprofitable.
Growing Profit Margin: ORE is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ORE is unprofitable, and losses have increased over the past 5 years at a rate of 28.9% per year.
Accelerating Growth: Unable to compare ORE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ORE is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (66.6%).
Return on Equity
High ROE: ORE has a negative Return on Equity (-138.93%), as it is currently unprofitable.
How is Orezone Gold's financial position?
Financial Position Analysis
Short Term Liabilities: ORE's short term assets ($12.9M) exceed its short term liabilities ($1.5M).
Long Term Liabilities: ORE's short term assets ($12.9M) exceed its long term liabilities ($176.7K).
Debt to Equity History and Analysis
Debt Level: ORE is debt free.
Reducing Debt: ORE has not had any debt for past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: ORE has sufficient cash runway for 8 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: ORE is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.
What is Orezone Gold current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
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.
Stability and Growth of Payments
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.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ORE's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Paddy Downey (60 yo)
Mr. Patrick G. Downey, also known as Paddy, P.Eng, is President and Chief Executive Officer at Orezone Gold Corporation since May 22, 2017 and has been its Director since April 5, 2011. Mr. Downey served a...
CEO Compensation Analysis
Compensation vs Market: Paddy's total compensation ($USD378.08K) is about average for companies of similar size in the Canadian market ($USD421.32K).
Compensation vs Earnings: Paddy's compensation has increased whilst the company is unprofitable.
|Chief Financial Officer||2.92yrs||US$276.67k||0.031% |
|Vice President Legal & Administration||1.92yrs||US$251.03k||0.10% |
|Vice President of Corporate Development & Strategy||2.08yrs||US$261.25k||0.18% |
|Manager of Investor Relations||1.83yrs||no data||0.0049% |
|Vice President of Projects||1.25yrs||no data||0.012% |
Experienced Management: ORE's management team is considered experienced (2 years average tenure).
|Independent Director||6.33yrs||US$68.05k||0.20% |
|Independent Director||3.58yrs||US$68.05k||0.031% |
|Independent Chairman of the Board||3.75yrs||US$97.26k||1.47% |
|Independent Director||2.67yrs||US$68.05k||0.0093% |
|Independent Director||7.75yrs||US$71.91k||0.19% |
|Independent Director||2.67yrs||US$66.13k||no data|
|Independent Director||2.67yrs||US$66.13k||0.15% |
Experienced Board: ORE's board of directors are considered experienced (3.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ORE insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 28.7%.
Orezone Gold Corporation's company bio, employee growth, exchange listings and data sources
- Name: Orezone Gold Corporation
- Ticker: ORE
- Exchange: TSXV
- Founded: 2008
- Industry: Gold
- Sector: Materials
- Market Cap: CA$329.354m
- Shares outstanding: 322.90m
- Website: https://www.orezone.com
Number of Employees
- Orezone Gold Corporation
- 1111 Melville Street
- Suite 910
- British Columbia
- V6E 3V6
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ORE||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Feb 2009|
|OEX||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Feb 2009|
|ORZC.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Feb 2009|
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. T...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/02/25 23:10|
|End of Day Share Price||2021/02/25 00:00|
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 here.