Insider Selling: Orezone Gold Co. (CVE:ORE) Senior Officer Sells 100,000 Shares of Stock

Orezone Gold Co. (CVE:ORE) Senior Officer Peter Tam sold 100,000 shares of the firm’s stock in a transaction dated Tuesday, June 3rd. The stock was sold at an average price of C$1.45, for a total transaction of C$145,000.00.

Peter Tam also recently made the following trade(s):

• On Thursday, May 29th, Peter Tam sold 100,000 shares of Orezone Gold stock. The stock was sold at an average price of C$1.24, for a total transaction of C$124,000.00.

Orezone Gold Stock Performance

CVE ORE remained flat at C$1.25 during trading hours on Friday. 149,842 shares of the company’s stock were exchanged, compared to its average volume of 229,152. The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.30 and a current ratio of 2.56. The company has a 50 day moving average of C$1.25 and a 200-day moving average of C$1.25. Orezone Gold Co. has a 1 year low of C$0.87 and a 1 year high of C$1.70. The company has a market cap of C$404.42 million and a PE ratio of -14.88.

Analysts Set New Price Targets

Separately, Ventum Financial cut their target price on shares of Orezone Gold from C$1.50 to C$1.40 in a report on Friday, March 21st.

About Orezone Gold

Orezone Gold Corporation engages in the acquisition, exploration, and development of resource properties. Its flagship property is the 90%-owned Bomboré gold project located in Burkina Faso, West Africa. The company was incorporated in 2008 and is headquartered in Vancouver, Canada.