Orezone Gold (OTCMKTS:ORZCF) Shares Down 4.4%

Orezone Gold Co. (OTCMKTS:ORZCFGet Free Report)’s share price was down 4.4% on Friday . The stock traded as low as $0.47 and last traded at $0.47. 25,053 shares changed hands during trading, a decline of 48% from the average session volume of 48,013 shares. The stock had previously closed at $0.49.

Analysts Set New Price Targets

Separately, Raymond James reduced their price objective on Orezone Gold from $1.75 to $1.50 and set an “outperform” rating on the stock in a research report on Wednesday, March 27th.

View Our Latest Stock Analysis on ORZCF

Orezone Gold Trading Down 4.4 %

The company’s 50 day simple moving average is $0.55 and its 200-day simple moving average is $0.59.

Orezone Gold Company Profile

(Get Free Report)

Orezone Gold Corporation engages in the mining, exploration, and development of gold properties. Its flagship property is the 90%-owned Bomboré gold project located in Burkina Faso, West Africa. The company was incorporated in 2008 and is headquartered in Vancouver, Canada.

Further Reading

Receive News & Ratings for Orezone Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Orezone Gold and related companies with MarketBeat.com's FREE daily email newsletter.