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Orezone Gold ( (TSE:ORE) ) just unveiled an announcement.
Orezone Gold Corporation announced its Q3-2025 gold production results and provided an update on its stage 1 hard rock expansion at the Bomboré Gold Mine. The company produced 23,371 ounces of gold and reported a cash balance of $85.3 million. Despite weather-related challenges affecting Q3 production, Orezone anticipates a strong Q4 and remains on track to meet its 2025 production guidance. The hard rock expansion is nearing completion, with commissioning expected in November, which is projected to increase gold production by approximately 45% in 2026. This expansion is expected to significantly enhance cash flows and position the company favorably in a rising gold price environment.
The most recent analyst rating on (TSE:ORE) stock is a Hold with a C$2.10 price target. To see the full list of analyst forecasts on Orezone Gold stock, see the TSE:ORE Stock Forecast page.
Spark’s Take on TSE:ORE Stock
According to Spark, TipRanks’ AI Analyst, TSE:ORE is a Outperform.
Orezone Gold’s strong financial performance and attractive valuation are key strengths, supported by positive earnings call insights. However, challenges in cash flow management and increased costs slightly temper the overall outlook.
To see Spark’s full report on TSE:ORE stock, click here.
More about Orezone Gold
Orezone Gold Corporation operates in the mining industry, focusing on gold production. The company is engaged in the development and operation of the Bomboré Gold Mine, with a market focus on increasing gold production through strategic expansions.
Average Trading Volume: 1,291,515
Technical Sentiment Signal: Buy
Current Market Cap: C$908.7M
For detailed information about ORE stock, go to TipRanks’ Stock Analysis page.