Orezone Gold Sees Strong Q3 with Expansion Plans
Company Announcements

Orezone Gold Sees Strong Q3 with Expansion Plans

Story Highlights
  • Orezone Gold reported improved gold production and strong cash flow in Q3 2024.
  • The company aims to increase gold production by 50% within a year through its Phase II expansion.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Orezone Gold (TSE:ORE) has released an update.

Orezone Gold Corporation reported strong operational developments in Q3 2024, highlighted by improved gold production and significant cash flow generation. The company progressed with its Phase II expansion, aiming to boost annual gold production by 50% within a year, and continued its successful exploration program. With high unhedged gold sales prices, Orezone anticipates continued robust cash flow to support its expansion efforts.

For further insights into TSE:ORE stock, check out TipRanks’ Stock Analysis page.

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