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Orezone Gold Corp
Symbol ORE
Shares Issued 668,398,704
Close 2026-09-24 C$ 3.19
Market Cap C$ 2,132,191,866
Recent Sedar+ Documents

Globe says Sidibe keeps Orezone Gold at "outperform"

2026-09-25 05:56 ET - In the News

The Globe and Mail reports in its Friday edition that National Bank analyst Mohamed Sidibe has reaffirmed his "outperform" recommendation for Orezone Gold. The Globe's David Leeder writes that Mr. Sidibe gave his share target a 25-cent boost to $4.25. Analysts on average target the shares at $3.50. Mr. Sidibe thinks "execution is now the key to realizing Casa Berardi's value" for Orezone Gold. Mr. Sidibe says in a note: "The LOM plan requires the rebuilding of a previously demonstrated underground operating model. Development is currently approximately 16 metres/day, with a near-term target of 20 m/day, compared with 26 m/day in the LOM plan and a planned peak of approximately 35 m/day in 2029. New equipment, contractor support and training should increase active stope inventory, supporting higher underground tonnes and grades and the planned East Mine restart. ... More upside remains within the current LOM plan through better underground grade dilution management, exploration, as well as leveraging the potential throughput upside at the plant. Our model does not currently incorporate upside from higher throughput, improved recoveries, tighter dilution control or exploration success beyond the current resource base."

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