Orezone Gold Reports Strong Q1 2025 Results and Expansion Progress

Orezone Gold ( (TSE:ORE) ) just unveiled an announcement.

Orezone Gold Corporation reported positive financial and operational results for the first quarter of 2025, with gold production of 28,688 ounces and revenue of $82.7 million. The company achieved significant milestones, including a safety record at the Bomboré Mine and progress on the hard rock expansion, which is on track for completion by Q4-2025. Orezone is also advancing its secondary listing on the Australian Securities Exchange and has secured additional funding to potentially fast-track further expansion, aiming to increase annual production significantly.

The most recent analyst rating on (TSE:ORE) stock is a Buy with a C$1.15 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 stock score reflects strong financial performance and growth potential, driven by significant revenue increases and strategic expansions. The stock’s undervaluation relative to earnings enhances its attractiveness. However, rising costs and moderate leverage require monitoring. Recent corporate events, especially concerning safety, pose risks that need addressing to maintain confidence.

To see Spark’s full report on TSE:ORE stock, click here.

More about Orezone Gold

Orezone Gold Corporation operates in the gold mining industry, focusing on the exploration and development of gold properties. The company’s primary product is gold, and it is actively involved in expanding its production capabilities, particularly at its Bomboré Mine.

Average Trading Volume: 879,639

Technical Sentiment Signal: Buy

Current Market Cap: C$562.6M

See more insights into ORE stock on TipRanks’ Stock Analysis page.