Insider Buying: Orezone Gold Corp (ORE) Insider Purchases 50,000 Shares of Stock

Orezone Gold Corp (CVE:ORE) insider Sun Valley Gold Llc bought 50,000 shares of Orezone Gold stock in a transaction on Wednesday, October 17th. The stock was acquired at an average price of C$0.67 per share, with a total value of C$33,500.00.

Sun Valley Gold Llc also recently made the following trade(s):

  • On Friday, October 19th, Sun Valley Gold Llc bought 115,000 shares of Orezone Gold stock. The stock was acquired at an average price of C$0.65 per share, with a total value of C$74,750.00.
  • On Wednesday, October 3rd, Sun Valley Gold Llc bought 56,200 shares of Orezone Gold stock. The stock was acquired at an average price of C$0.63 per share, with a total value of C$35,406.00.
  • On Tuesday, September 25th, Sun Valley Gold Llc bought 98,000 shares of Orezone Gold stock. The stock was acquired at an average price of C$0.61 per share, with a total value of C$59,780.00.
  • On Wednesday, September 12th, Sun Valley Gold Llc bought 38,000 shares of Orezone Gold stock. The stock was acquired at an average price of C$0.61 per share, with a total value of C$23,180.00.

CVE:ORE opened at C$0.65 on Friday. Orezone Gold Corp has a 12 month low of C$0.57 and a 12 month high of C$1.02.

Orezone Gold (CVE:ORE) last released its quarterly earnings results on Wednesday, August 22nd. The company reported C($0.03) EPS for the quarter.

A number of analysts have issued reports on ORE shares. Raymond James reduced their target price on shares of Orezone Gold from C$1.25 to C$1.10 in a research note on Friday. Beacon Securities reiterated a “buy” rating on shares of Orezone Gold in a research note on Wednesday, October 10th.

Orezone Gold Company Profile

Orezone Gold Corporation engages in the investigation, acquisition, exploration, development, and operation of resource projects. Its principal property is the Bomboré gold project located in Burkina Faso, West Africa. The company was incorporated in 2008 and is headquartered in Ottawa, Canada. Orezone Gold Corporation(TSXV:ORE) operates independently of IAMGOLD Burkina Faso Inc as of February 25, 2009.

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Insider Buying and Selling by Quarter for Orezone Gold (CVE:ORE)

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