The latest update is out from Orezone Gold ( (TSE:ORE) ).
Orezone Gold Corporation has announced plans to accelerate the Stage II hard rock expansion at its Bomboré Gold Mine by two years, aiming to boost production to 220,000-250,000 ounces annually by late 2026. The company also intends to dual list on the Australian Securities Exchange to access a broader investor base and enhance capital markets presence. These initiatives aim to maximize free cash flow and expand Orezone’s production base, enhancing its strategic positioning in the gold mining industry.
More about Orezone Gold
Orezone Gold Corporation is a mining company primarily focused on the exploration and development of gold resources. It operates the Bomboré Gold Mine and aims to enhance its market presence by listing on the Australian Securities Exchange.
YTD Price Performance: 36.36%
Average Trading Volume: 277,476
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$419.5M
See more data about ORE stock on TipRanks’ Stock Analysis page.