Overview

* Orezone Gold Corp Q3 2025 gold production at 23,371 oz, revenue at $68.7 mln

* Stage 1 hard rock expansion nearing completion, commissioning expected Q4 2025

* Company expects 2025 production guidance of 115,000-130,000 oz

Outlook

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

* Company forecasts 2026 production to rise to 170,000-185,000 ounces

* Stage 1 hard rock expansion completion expected in Q4-2025

Result Drivers

* WEATHER IMPACT - Unseasonably long rainfall limited mining access, leading to use of lower grade stockpiles, per CEO Patrick Downey

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 $68.70

Revenue mln

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "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$2.18, about 24.6% above its October 14 closing price of C$1.64

* The stock recently traded at 4 times the next 12-month earnings vs. a P/E of 3 three months ago

Press Release:

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(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.)