Orezone Gold ( (TSE:ORE) ) has shared an update.
Orezone Gold Corporation reported record revenue and net income for 2024, driven by a significant increase in gold production. The company produced 118,746 ounces of gold, exceeding its guidance, and achieved a revenue of $283.5 million. Orezone is advancing its hard rock expansion project, which is expected to enhance production capacity significantly by 2026. The company is also planning a secondary listing on the Australian Securities Exchange and is well-positioned financially to pursue further strategic investments.
More about Orezone Gold
Orezone Gold Corporation operates in the gold mining industry, focusing on the production and sale of gold. The company is involved in mining operations and is working on expanding its production capabilities, particularly through its Bomboré Mine.
YTD Price Performance: 50.0%
Average Trading Volume: 383,497
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$498.6M
Find detailed analytics on ORE stock on TipRanks’ Stock Analysis page.