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Orezone Gold (TSE:ORE)
TSX:ORE
Earnings Data
Report Date
Aug 06, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.06Last Year’s EPS
0.01Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 14, 2025
|% Change Since: 0.93%
|Next Earnings Date:Aug 06, 2025
Earnings Call Sentiment|Positive
Orezone's Q1 2025 results were strong, with positive financial performance, progress on expansion projects, and favorable cost metrics. However, the quarter was marred by a construction site fatality and potential cost impacts from exchange rate fluctuations.Company Guidance
During the Q1 2025 conference call, Orezone Gold Corporation provided guidance metrics indicating a strong financial and operational performance. The company produced 28,688 ounces of gold, aligning with their annual guidance of 115,000 to 130,000 ounces, and reported gold sales of 28,942 ounces at an average price of $2,851 per ounce, resulting in $83 million in revenue. The all-in sustaining costs (AISC) stood at $1,415 per ounce, within the expected range of $1,400 to $1,500 for the year. Orezone's financial position was robust, with $102 million in cash and $28.9 million in undrawn debt, totaling a liquidity of $130.9 million. The company is on schedule with its hard rock expansion, expecting commissioning in Q4 2025. They also reported zero Lost Time Injuries (LTIs) over 1.4 million hours worked, although a fatality occurred in May. Earnings on mine operations were $38.6 million, with net earnings of $16 million and earnings per share at $0.03. Free cash flow was $3.7 million, and mining operations exceeded 6.1 million tonnes for the quarter. The company plans to advance its ASX secondary listing by mid-2025 and is focused on further exploration and expansion projects.Strong Financial Position
Orezone reported a solid financial position with $102 million in cash and $28.9 million in undrawn senior debt, leading to a total available liquidity of $130.9 million.
Positive Gold Production and Sales
Gold production for Q1 2025 was 28,688 ounces, with gold sales at 28,942 ounces at an average price of $2,851 per ounce, resulting in $83 million in revenue.
Low All-in Sustaining Costs (AISC)
The company reported all-in sustaining costs of $1,415 per ounce, aligning with their annual guidance of $1,400 to $1,500 per ounce.
Hard Rock Expansion Progress
The hard rock expansion is on schedule and budget, with commissioning expected in Q4 2025. Stage 2 plans are advancing with anticipated production increase to 220,000 to 250,000 ounces per year.
Improved Mining and Processing Costs
Mining costs were lower due to favorable exchange rates and operating conditions, and processing costs benefited from the availability of lower-cost grid power.
TSE: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
TSE:ORE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 14, 2025 | C$1.07 | C$1.02 | -4.67% |
Mar 20, 2025 | C$0.99 | C$0.93 | -6.06% |
Nov 06, 2024 | C$0.77 | C$0.72 | -6.49% |
Aug 06, 2024 | C$0.67 | C$0.65 | -2.99% |
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 (TSE:ORE) report earnings?
Orezone Gold (TSE:ORE) is schdueled to report earning on Aug 06, 2025, TBA Not Confirmed.
What is Orezone Gold (TSE:ORE) earnings time?
Orezone Gold (TSE:ORE) earnings time is at Aug 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:ORE EPS forecast?
TSE:ORE EPS forecast for the fiscal quarter 2025 (Q2) is 0.06.