Subscribe

Orezone Gold Corporation (ORE.TO)

CAD2.38 +0.10 (+4.39%)
CA TSX Basic Materials Gold
Address Bentall Tower 1 V7X 1M3
Vancouver, BC, CA
CEO Patrick Gerard Downey
IPO 2018-07-10
ISIN CA68616T1093

Explore sections of this company profile

Also trades on Australian Securities Exchange · ORE.AX (AUD) Other OTC · ORZCF (USD) Other OTC · ORZWF (USD) Toronto Stock Exchange · ORE.TO (CAD)
Description

Orezone Gold Corporation specializes in the exploration and progression of gold properties. The company's primary asset is the Bomboré gold project, of which it holds a 90% interest. This extensive project covers 15,029 hectares of connected permits situated in Burkina Faso, West Africa. Established in 2008, the corporation maintains its head office in Vancouver, Canada.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
Loading outlook…
Loading forecast...
Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
Loading risk profile…
Price Chart
Averages
Trend
Price
Levels
Draw
CAD2.38 +0.10 (+4.39%)
Loading historical data…
Volume Profile
Loading…
Liquidity & share structure
Average Volume
1M
Beta
1.29
Float Shares
394.45M
Free Float %
72.5%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-6.35% +4.89% -5.98% -2.48% +80.15% +33.33% +120.56% +82.95% +93.44% +180.95% +180.95%
Rolling Volatility
Loading…
Drawdown
Loading…
Relative Strength
Loading…
Monthly Returns Heatmap
From To
Loading…
Annual Monthly Returns
Loading…
Daily Returns Distribution
vs.
Loading histogram data…

Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (1 ratings, all time) Buy
Price Targets & DCF
Current price
2.38
DCF (Unlevered) 6.39 +168.5%
DCF (Levered) 1.36 -43.0%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 67% Bullish
Rating 2026-05 Change
Strong Buy 1 -1
Buy 1 0
Hold 1 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
1.54
Distress
Piotroski F-Score
6 / 9
Average
MOAT Score
4 / 10
Developing
Composite Rating
A
Overall Score
4 / 5
High
DCF Score
4 / 5
High
ROE Score
5 / 5
High
ROA Score
5 / 5
High
D/E Score
2 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Gold: +36.5%
    +35.2% Q1'26: +121.1% (vs Q1'25)
  • EPS growth Gold: +64.9%
    -15.4% Q1'26: +93.3% (vs Q1'25)
  • FCF margin FCF growth · Gold: +77.7%
    +11.3% Q1'26: +78.1% (vs Q1'25)
  • EBIT margin Gold: +25.8%
    +40.1% Q1'26: +46.7% (vs Q1'25)
  • ROIC Gold: +11.0%
    +21.5% Q1'26: +35.0% (vs Q1'25)
  • Share dilution Gold: -3.9%
    +40.1% Q1'26: +38.1% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Gold: -0.09×
    0.63× Q1'26: 0.29× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.32) × ERP
WACC = 90% × Ke + 10% × Kd (9.8%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 6.34 Current price: 2.38
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
4 Rev. Ana.
3 EPS Ana.
Dec 2027
4 Rev. Ana.
3 EPS Ana.
Dec 2028
1 Rev. Ana.
1 EPS Ana.
Dec 2029
1 Rev. Ana.
1 EPS Ana.
Dec 2030
1 Rev. Ana.
1 EPS Ana.
Revenue
43.43M
est: 42.65M (+1.8%)
271.49M
est: 180.23M (+50.6%)
283.52M
est: 279.62M (+1.4%)
383.22M
est: 375.50M (+2.1%)
1.15B
986.79M – 1.51B
+205.0% YoY
1.31B
1.06B – 1.60B
+14.1% YoY
1.20B
1.18B – 1.23B
-8.0% YoY
1.04B
865.18M – 1.31B
-13.9% YoY
981.88M
820.52M – 1.24B
-5.2% YoY
EBITDA
6.40M
est: 25.63M (-75.0%)
111.50M
est: 89.94M (+24.0%)
126.53M
est: 139.53M (-9.3%)
188.02M
est: 187.38M (+0.3%)
571.57M
492.41M – 754.52M
+205.0% YoY
652.13M
530.60M – 797.71M
+14.1% YoY
599.92M
587.38M – 612.47M
-8.0% YoY
516.63M
431.73M – 654.98M
-13.9% YoY
489.96M
409.45M – 621.18M
-5.2% YoY
EBIT
3.52M
est: 23.28M (-84.9%)
81.92M
est: 76.76M (+6.7%)
98.05M
est: 119.10M (-17.7%)
153.66M
est: 159.93M (-3.9%)
487.85M
420.29M – 644.01M
+205.0% YoY
556.61M
452.88M – 680.88M
+14.1% YoY
512.05M
501.35M – 522.76M
-8.0% YoY
440.96M
368.49M – 559.05M
-13.9% YoY
418.20M
349.48M – 530.19M
-5.2% YoY
Net Income
930.0K
est: 12.90M (-92.8%)
43.15M
est: 38.57M (+11.9%)
55.71M
est: 72.51M (-23.2%)
66.04M
est: 92.38M (-28.5%)
338.73M
296.25M – 409.41M
+266.7% YoY
415.84M
334.71M – 458.98M
+22.8% YoY
293.40M
255.63M – 438.25M
-29.4% YoY
307.27M
241.63M – 414.24M
+4.7% YoY
245.32M
192.91M – 330.73M
-20.2% YoY
SGA
7.32M
est: 19.20M (-61.9%)
9.51M
est: 46.14M (-79.4%)
13.53M
est: 71.59M (-81.1%)
11.03M
est: 96.14M (-88.5%)
293.25M
252.64M – 387.12M
+205.0% YoY
334.58M
272.23M – 409.28M
+14.1% YoY
307.80M
301.36M – 314.23M
-8.0% YoY
265.06M
221.50M – 336.05M
-13.9% YoY
251.38M
210.07M – 318.70M
-5.2% YoY
EPS
0.00
est: 0.03 (-90.8%)
0.12
est: 0.06 (+101.2%)
0.14
est: 0.11 (+24.8%)
0.12
est: 0.14 (-16.0%)
0.55
0.49 – 0.68
+286.2% YoY
0.66
0.55 – 0.76
+20.4% YoY
0.54
0.42 – 0.72
-19.2% YoY
0.51
0.40 – 0.68
-5.5% YoY
0.40
0.32 – 0.55
-20.2% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-12 A 4/5 4/5 5/5 5/5 2/5 3/5 3/5
2026-05-11 A 4/5 4/5 5/5 5/5 2/5 3/5 3/5
2026-05-08 A 4/5 4/5 5/5 5/5 2/5 3/5 3/5
2026-05-07 A 4/5 4/5 5/5 5/5 2/5 3/5 3/5
2026-05-06 A 4/5 4/5 5/5 5/5 2/5 3/5 3/5
2026-05-05 A 4/5 4/5 5/5 5/5 2/5 3/5 3/5
2026-05-04 A 4/5 4/5 5/5 5/5 2/5 3/5 3/5
2026-05-01 A 4/5 4/5 5/5 5/5 2/5 3/5 3/5
2026-04-30 A 4/5 4/5 5/5 5/5 2/5 3/5 3/5
2026-04-29 A- 4/5 4/5 5/5 5/5 1/5 3/5 3/5
2026-04-28 A- 4/5 4/5 5/5 5/5 1/5 3/5 3/5
2026-04-27 A- 4/5 4/5 5/5 5/5 1/5 3/5 3/5
2026-04-24 A- 4/5 4/5 5/5 5/5 1/5 3/5 3/5
2026-04-23 A- 4/5 4/5 5/5 5/5 1/5 3/5 3/5
2026-04-22 A- 4/5 4/5 5/5 5/5 1/5 3/5 3/5
2026-04-21 A- 4/5 4/5 5/5 5/5 1/5 3/5 3/5
2026-04-20 A- 4/5 4/5 5/5 5/5 1/5 3/5 3/5
2026-04-17 A- 4/5 4/5 5/5 5/5 1/5 3/5 3/5
2026-04-16 A- 4/5 4/5 5/5 5/5 1/5 3/5 3/5
2026-04-15 A- 4/5 4/5 5/5 5/5 1/5 3/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
54.98M
OE per share TTM
0.10
Owner's Yield
3.78%
Maintenance CapEx ratio
20.17%
Maint CapEx / Avg PPE
105.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
198.0K
Shares Outstanding
544.25M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Patrick G. Downey President, Chief Executive Officer & Director 1M male
Peter Tam Executive Vice President & Chief Financial Officer 968.0K male
Ryan Goodman Senior Vice President, General Counsel & Company Secretary 658.0K male
Kevin Mackenzie Vice President of Corporate Development & Investor Relation 564.0K male
Robert Duncan Henderson Vice President of Technical Services 432.0K male
Gareth Withers Vice President of Finance male
Christophe McLean VP & CFO of Orezone Quebec male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

Share your view on this stock and instantly see how the community has voted over the last 6 months.

These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend history

Earnings history

Earnings reports

Stock splits