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ORE — Orezone Gold News Story

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Orezone Gold Corporation Q2 adjusted EPS meets expectations

Overview

Adjusted EPS for Q2 meets analyst expectations, per LSEG data

Outlook

Orezone expects Stage 1 expansion to boost 2026 gold output to 170,000-185,000 oz

Stage 2 expansion to increase annual production to 220,000-250,000 oz by Q4-2026

Result Drivers

HIGHER AISC - Elevated AISC due to increased royalties, lower grid power availability, and unfavorable foreign exchange rates

INCREASED THROUGHPUT - Gold production rose due to a 10% increase in plant throughput and improved recovery rates

EXPANSION PROGRESS - Stage 1 hard rock expansion reached 63% completion, with first gold expected in Q4-2025

Key Details

MetricBeat/MissActualConsensus Estimate
Q2 Adjusted EPSMeet$0.04$0.04 (1 Analyst)
Q2 Adjusted Net Income$20.60 mln
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "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$2.03, about 43.2% above its August 12 closing price of C$1.15 The stock recently traded at 3 times the next 12-month earnings vs. a P/E of 4 three months ago Press Release: ID:nGNX6jPLt6 (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.)

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