Overview

* Orezone Q2-2025 gold production at 27,548 ounces, revenue at $94.3 mln

* Stage 1 Hard Rock expansion on schedule for Q4-2025 completion

* Orezone advancing ASX listing, expected mid-August

Outlook

* Orezone expects 2025 production of 115,000-130,000 ounces.

* Orezone plans ASX listing in mid-August 2025.

* Stage 2 expansion could boost production at Bomboréto 220,000-250,000 ounces per year.

Result Drivers

* GOLD PRODUCTION - Orezone produced 27,548 ounces of gold in Q2-2025, in line with company plans, per CEO Patrick Downey

* HARD ROCK EXPANSION - Stage 1 expansion remains on schedule for Q4-2025 completion, expected to increase production by 45% in 2026

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 $94.30

Revenue mln

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "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 ( ORZCF ) is C$1.40, about 18.6% above its July 7 closing price of C$1.14

* The stock recently traded at 4 times the next 12-month earnings vs. a P/E of 4 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)