Orezone Gold (TSE:ORE) has released an update.
Orezone Gold Corporation faced challenges in Q2 2024 with lower gold production and sales due to reduced grid power availability and lower scheduled head grades, but anticipates a stronger performance in the second half of the year. The company processed a record amount of ore in June and secured a significant $105M financing package for expansion and drilling campaigns, setting a positive outlook for meeting its 2024 guidance.
For further insights into TSE:ORE stock, check out TipRanks’ Stock Analysis page.
