Canadian gold miner Orezone misses Q3 adjusted EPS expectations

Orezone Gold

12/11/2025 21:37

Overview

Orezone Q3 revenue rises slightly to $68.9M

Adjusted EPS misses analysts' expectations

Gold production decreased by 12% year-over-year

Outlook

Orezone maintains 2025 gold production forecast at 115,000-130,000 oz

Company revises 2025 AISC guidance to $1,700-$1,800/oz from $1,400-$1,500/oz

Orezone expects 2026 gold production of 170,000-185,000 oz

Result Drivers

HIGHER GOLD PRICES - Realized gold prices increased by 36%, supporting revenue despite lower production

ADVERSE WEATHER - Longer-than-normal rainfall events limited pit access and slowed mining activities, reducing gold production

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Adjusted EPS
Miss
$0.01
$0.06 (2 Analysts)
Q3 Adjusted Net Income
$5.02 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the gold peer group is "buy"

Wall Street's median 12-month price target for Orezone Gold Corp is C$2.30, about 38.3% above its November 11 closing price of C$1.42

The stock recently traded at 3 times the next 12-month earnings vs. a P/E of 3 three months ago

Press Release: ID:nGNX6F9tVk

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)