Professional
Added to YB: 2024-08-20
Pitch date: 2024-07-30
ORE.TO [bullish]
Orezone Gold Corporation
+298.7%
current return
Author Info
No bio for this author
Company Info
Orezone Gold Corporation engages in the mining, exploration, and development of gold properties. Its flagship property is the 90% owned Bomboré gold project, which covers an area of approximately 12,963 hectares comprising one industrial operating permit and four mining exploration permits located in Burkina Faso, West Africa.
Market Cap
CAD 1.6B
Pitch Price
CAD 0.77
Price Target
N/A
Dividend
N/A
EV/EBITDA
5.24
P/E
13.01
EV/Sales
2.49
Sector
Metals and Mining
Category
turnaround
Aegis Value Fund Portfolio Holding: Orezone Gold Corporation
ORE.TO: Gold miner in Burkina Faso. Shares -22.4% H1 due to country risks & ore grade issues. Bomborè mine now accessing higher grade ore. $175K oz/yr production by 2026 (+50%). 30%+ FCF yield at current gold price. Secured funding for hard-rock crushing expansion. Well-managed, safe location. 2.32% of fund assets. Awaiting price recovery.
Read full article (2 min)