Overview
Adjusted EPS for Q2 meets analyst expectations, per LSEG data
Outlook
Orezone expects Stage 1 expansion to boost 2026 gold output to 170,000-185,000 oz
Stage 2 expansion to increase annual production to 220,000-250,000 oz by Q4-2026
Result Drivers
HIGHER AISC - Elevated AISC due to increased royalties, lower grid power availability, and unfavorable foreign exchange rates
INCREASED THROUGHPUT - Gold production rose due to a 10% increase in plant throughput and improved recovery rates
EXPANSION PROGRESS - Stage 1 hard rock expansion reached 63% completion, with first gold expected in Q4-2025
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Adjusted EPS | Meet | $0.04 | $0.04 (1 Analyst) |
Q2 Adjusted Net Income |
| $20.60 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the gold peer group is "buy"
Wall Street's median 12-month price target for Orezone Gold Corp is C$2.03, about 43.2% above its August 12 closing price of C$1.15
The stock recently traded at 3 times the next 12-month earnings vs. a P/E of 4 three months ago
Press Release: ID:nGNX6jPLt6