Raymond James Cuts Orezone Gold (OTCMKTS:ORZCF) Price Target to $1.50

Orezone Gold (OTCMKTS:ORZCF) had its target price cut by Raymond James from $1.75 to $1.50 in a research note issued to investors on Wednesday morning, Benzinga reports. They currently have an outperform rating on the stock.

Orezone Gold Trading Up 4.3 %

Shares of ORZCF stock opened at $0.61 on Wednesday. The firm has a fifty day moving average price of $0.59 and a 200 day moving average price of $0.62. Orezone Gold has a 12 month low of $0.50 and a 12 month high of $1.20.

Orezone Gold Company Profile

Orezone Gold Corporation, a gold producer, engages in the mining, exploration, and development of gold properties. Its flagship property is the 90%-owned Bomboré gold project located in Burkina Faso, West Africa. The company was incorporated in 2008 and is headquartered in Vancouver, Canada.