Orezone Gold Corporation

Orezone Gold Corporation

ORZCF
Orezone Gold CorporationUS flagOther OTC
2.14
USD
+0.04
- -
1.43BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.13
0.76
0.7
0.7
1.1
Basic EPS, GAAP
-0.25
-0.11
-0.07
-0.04
-0.06
-0.08
-0.1
-0.07
-0.06
- -
0.12
0.14
0.12
0.2
Free Cash Flow per Basic Share
-0.14
-0.09
-0.07
-0.03
-0.06
-0.06
-0.1
-0.07
-0.26
-0.3
0.1
0.03
-0.07
0.35
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.19
0.07
0.03
0.17
0.13
0.18
0.1
0.08
0.2
0.24
0.41
0.55
0.67
0.88
Tangible Book Value per Share
0.19
0.07
0.03
0.17
0.13
0.18
0.1
0.08
0.2
0.24
0.41
0.55
0.67
0.88
Basic Weighted Avg Shares
87
96
105
137
154
195
213
249
318
330
358
407
541
599
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
43
271
284
377
657
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
2.97
30.17
36.71
40.1
40.6
Depreciation Expense
1
1
1
- -
- -
- -
1
1
- -
3
30
28
34
46
Net Income, GAAP
-22
-11
-8
-5
-9
-15
-21
-18
-19
1
43
56
65
118
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
21.05
24.51
39.69
39.75
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
2.14
15.89
19.65
17.23
17.93
Working Capital
10
3
4
22
11
30
10
7
20
-43
-30
32
10
-14
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
46
90
73
81
44
31
Total Equity
18
6
3
20
14
32
13
10
54
70
146
264
411
600
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.88
28.53
24.4
19.2
26.1
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
1.1
22.49
19.1
13.07
18.38
Return on Common Equity (%)
-86.05
-88.88
-152.4
-37.98
-37.32
-50.98
-69.96
-86.95
-44.39
1.3
37.85
27.4
19.73
25.72

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
75
80
69
LT Borrowings
44
31
31
LT Finance Leases
1
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
598
667
667
Market Capitalization
778
1,134
1,068

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
192
206
244
Cash, Cash Equivalents & STI
98
48
97
Accounts Receivable, Net
- -
- -
- -
Inventories
61
112
99
Total Current Liabilities
182
263
258
Payables & Accruals
107
162
167
ST Debt
75
80
69
Deferred Revenue
- -
17
17

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
123.3%
146.07%
55.5%
Free Cash Flow
-13.22%
-59.34%
-477.16%
Net Income, GAAP
461.25%
897.04%
16.49%
Sales/Revenue/Turnover
- -
- -
32.84%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
65
58
69
92
284
2025
83
95
69
130
377
2026
186
272
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
0.02
0.01
- -
0.14
2025
0.03
0.03
0.01
0.05
0.12
2026
0.07
0.07
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Patrick Gerard Downey
Full Time Employees
776
Sector
Basic Materials
Industry
Gold
Address
505 Burrard Street Vancouver BC Canada V7X 1M3
IPO Date
Apr 6, 2009
Business
Orezone Gold Corporation (TSX: ORE; ASX: ORE; OTCQX: ORZCF) is a Canada-based West African gold producer engaged in mining, developing, and exploring precious metal properties, with its flagship 90%-owned Bomboré open-pit gold mine in Burkina Faso. The company, founded in 2007 and headquartered in Vancouver, British Columbia, operates the Phase I oxide processing plant at a throughput of 5.9-6.0 million tonnes per annum, producing gold from near-surface free-dig oxides; it currently constructs an independent parallel 2.5 million tonnes per annum Stage 1 hard rock plant and advances a subsequent 3.0 million tonnes per annum Stage 2 hard rock expansion, targeting combined oxide and Stage 1 production of 170,000-185,000 ounces annually in 2026 and overall output of 220,000-250,000 ounces per year thereafter. Bomboré features proven and probable reserves of 2.4 million ounces at 0.72 grams per tonne gold and measured and indicated resources of 4.5 million ounces at 0.78 grams per tonne, supported by conventional open-pit mining at a low strip ratio below 2:1, grid power access, and proximity 85 kilometers east of Ouagadougou via paved highway. Recent developments include the Bomboré Phase II Expansion Definitive Feasibility Study released in 2023, projecting after-tax net present value of $635.9 million, mine life of 11.3 years, and average annual production of 231,000 ounces at all-in sustaining costs of $1,081 per ounce in initial full years post-expansion; closure of a Phase II Term Loan with Coris Bank International to fund hard rock construction; a US$105 million financing package in July 2024 to fully fund the Phase II hard rock expansion; a C$35 million bought deal equity offering in February 2025; advancement of Stage 1 hard rock expansion to over 85% engineering completion with SAG mill components onsite and first gold on track for Q4 2025; a 30,000-metre discovery-focused drill program commenced in July 2024 at Bomboré; and high-grade intercepts such as 113.74 grams per tonne gold over 8.00 metres and 3.28 grams per tonne over 26.00 metres reported in 2024-2025 exploration at the North and P17 zones. Orezone targets institutional investors and maintains focus on social responsibility, sustainability, and growth through operational expansions and resource delineation in West Africa.

Company News

  • Orezone Reports Third Quarter 2026 Production Results

  • Orezone Announces Life-of-Mine Plan for Casa Berardi Operations

  • Orezone Gold Corporation (ORE:CA) Q2 2026 Earnings Call Transcript

  • Orezone Resumes Operations at Casa Berardi; Reaffirms 2026 Production Guidance

  • Orezone Reports Q2 2026 Production and Provides Casa Berardi Operations Update

  • Orezone Provides 2026 Guidance for Casa Berardi

  • Orezone Announces AGM Results

  • Orezone Announces AGM Results

  • Orezone Reports First Set of Drill Results from Casa Berardi Mine Including 16.10g/t Au over 6.7m and 6.47g/t Au over 21.5m

  • Orezone Gold Corporation (ORE:CA) Q1 2026 Earnings Call Transcript

  • Orezone Gold Reports First Quarter 2026 Results

  • Orezone Announces Management Appointments

  • Orezone Provides Notice of First Quarter 2026 Results

  • Orezone Gold Corporation (ORE:CA) Q4 2025 Earnings Call Transcript

  • Hecla Mining Company Closes Casa Berardi Sale and Announces Redemption Notice for Senior Notes

  • Orezone Gold Reports Fourth Quarter 2025 Results and Provides 2026 Guidance

  • Orezone to Release 2025 Financial Results on March 25, 2026 and Files ASX Appendix 4E

  • Franco-Nevada Announces $100 Million Financing with Orezone Gold on the Casa Berardi Mine

  • Orezone Gold Announces Transformational Expansion into Canada with the Acquisition of the Casa Berardi Gold Mine

  • Orezone Gold (OTCMKTS:ORZCF) Shares Up 4.3% – Time to Buy?