Orezone Gold posts Q3 revenue of $68.7 mln

Orezone Gold

15/10/2025 21:39

Overview

Orezone Gold Corp Q3 2025 gold production at 23,371 oz, revenue at $68.7 mln

Stage 1 hard rock expansion nearing completion, commissioning expected Q4 2025

Company expects 2025 production guidance of 115,000-130,000 oz

Outlook

Orezone expects 2025 gold production of 115,000-130,000 ounces

Company forecasts 2026 production to rise to 170,000-185,000 ounces

Stage 1 hard rock expansion completion expected in Q4-2025

Result Drivers

WEATHER IMPACT - Unseasonably long rainfall limited mining access, leading to use of lower grade stockpiles, per CEO Patrick Downey

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
$68.70 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$2.18, about 24.6% above its October 14 closing price of C$1.64

The stock recently traded at 4 times the next 12-month earnings vs. a P/E of 3 three months ago

Press Release: ID:nGNX9WnCzY

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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.)