Professional
Added to YB: 2024-08-20
Pitch date: 2024-07-30
ORE.TO [bullish]
Orezone Gold Corporation
+111.69%
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 located in Burkina Faso, West Africa.
Market Cap
CAD 286.4M
Pitch Price
CAD 0.77
Price Target
N/A
Dividend
N/A
EV/EBITDA
2.58
P/E
4.27
EV/Sales
1.12
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.
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