Orezone Gold Corporation Registered Shs (AU:ORE)
ASX:ORE
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Earnings Data
Report Date
Aug 12, 2026After Close (Not Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.2Last Year’s EPS
0.06Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a broadly positive outlook driven by transformational M&A (Casa Berardi), successful completion and early outperformance of the Bomboré Stage 1 hard rock expansion (10% above nameplate), record earnings ($39.6M) and strong operating cash flow ($175.6M) supported by a $100M stream deposit and improved liquidity. Short-term operational challenges — notably explosives/emulsion supply disruptions that reduced Q1 grades (~34% below budget) and increased processing costs (+18% per tonne year-over-year) — constrained Q1 production, but management has largely resolved supply issues, reiterated 2026 guidance (220k–240k oz), and outlined near-term growth and exploration drivers (drilling ramp to 80k–100k m/yr). Overall, the highlights (strategic acquisition, cash flow, expansion delivery, management hires, exploration ramp) outweigh the lowlights (temporary supply disruptions, higher costs, and deferred larger expansion decision), supporting a positive outlook for the year.Company Guidance
Strategic Acquisition of Casa Berardi
Closed acquisition of the Casa Berardi gold mine and Quebec exploration portfolio, adding diversification into a Tier 1 jurisdiction and positioning Orezone as a multi-asset producer. Casa Berardi produced 1,226 ounces in Q1 (5 days post-acquisition) and will have formal 2026 guidance and a life-of-mine cost summary issued in June/Q4 2026 respectively.
Bomboré Stage 1 Hard Rock Expansion Completed On Time and On Budget
Completed 2.5 Mtpa Stage 1 hard rock expansion at Bomboré; achieved commercial production on January 16 and is already ~10% above nameplate capacity, enabling processing of hard rock reserves alongside oxide operations.
Record Earnings and Strong Operating Cash Flow
Reported net earnings attributable to Orezone shareholders of $39.6 million and operating cash flow of $175.6 million in Q1, aided by a $100 million gold stream deposit from Franco-Nevada, materially strengthening the balance sheet and liquidity.
Improved Liquidity and Cash Repatriation
Included in the VanEck Junior GDXJ ETF (March 20) improving liquidity; received VAT refunds of $5.1 million in Q1 and $23.9 million year-to-date (including April/May refunds); commenced earnings repatriation with $52.5 million repatriated so far in 2026.
Management and Technical Team Strengthening
Appointed seasoned senior hires: Marc-Andre Pelletier as COO (joining June 1), JF Ravenelle as VP Exploration (started), and Amanda Mallough as VP IR (joining May 18), strengthening operations, exploration and investor relations capabilities.
Exploration Ramp-Up at Casa Berardi
Drilling ramp-up underway with 4 rigs active, a 5th arriving in June and plans to ramp to ~7 rigs; target drilling rate of 80,000–100,000 meters per year to support near-term mine plan and broader exploration upside.
2026 Production Guidance Reiterated
Company reiterated 2026 consolidated gold production guidance of 220,000 to 240,000 ounces, with production weighted to the second half of the year as hard rock throughput and recoveries increase following resolution of supply issues.
Orezone Gold Corporation Registered Shs (AU:ORE) Earnings, Revenues Date & History
AU:ORE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AU:ORE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2026 | AU$2.18 | AU$2.13 | -2.29% |
Mar 20, 2026 | AU$2.03 | AU$1.90 | -6.40% |
Nov 18, 2025 | AU$1.42 | AU$1.42 | 0.00% |
Aug 13, 2025 | AU$1.20 | AU$1.22 | +1.67% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Orezone Gold Corporation Registered Shs (AU:ORE) report earnings?
Orezone Gold Corporation Registered Shs (AU:ORE) is schdueled to report earning on Aug 12, 2026, After Close (Not Confirmed).
What is Orezone Gold Corporation Registered Shs (AU:ORE) earnings time?
Orezone Gold Corporation Registered Shs (AU:ORE) earnings time is at Aug 12, 2026, After Close (Not Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is the P/E ratio of Orezone Gold Corporation Registered Shs stock?
The P/E ratio of Orezone Gold Corporation Registered Shs is N/A.
What is AU:ORE EPS forecast?
AU:ORE EPS forecast for the fiscal quarter 2026 (Q2) is 0.2.