Orezone Net Income from 2010 to 2026
| ORE Stock | 2.62 0.07 2.60% |
Net Income | First Reported 1997-09-30 | Previous Quarter 15.9 M | Current Value 5.4 M | Quarterly Volatility 5.9 M |
Check Orezone Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Orezone Gold's main balance sheet or income statement drivers, such as Depreciation And Amortization of 34.4 M, Interest Expense of 16.5 M or Total Revenue of 342.3 M, as well as many indicators such as Price To Sales Ratio of 0.7, Dividend Yield of 0.0 or PTB Ratio of 0.6. Orezone financial statements analysis is a perfect complement when working with Orezone Gold Valuation or Volatility modules.
Orezone | Net Income |
Evaluating Orezone Gold's Net Income across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Orezone Gold Corp's fundamental strength.
Latest Orezone Gold's Net Income Growth Pattern
Below is the plot of the Net Income of Orezone Gold Corp over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Orezone Gold Corp financial statement analysis. It represents the amount of money remaining after all of Orezone Gold Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Orezone Gold's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Orezone Gold's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 64.08 M | 10 Years Trend |
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Net Income |
| Timeline |
Orezone Net Income Regression Statistics
| Arithmetic Mean | 4,065,397 | |
| Geometric Mean | 11,960,498 | |
| Coefficient Of Variation | 786.01 | |
| Mean Deviation | 25,168,717 | |
| Median | (7,567,000) | |
| Standard Deviation | 31,954,475 | |
| Sample Variance | 1021.1T | |
| Range | 97.5M | |
| R-Value | 0.72 | |
| Mean Square Error | 520.1T | |
| R-Squared | 0.52 | |
| Significance | 0 | |
| Slope | 4,573,898 | |
| Total Sum of Squares | 16337.4T |
Orezone Net Income History
About Orezone Gold Financial Statements
Orezone Gold investors utilize fundamental indicators, such as Net Income, to predict how Orezone Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Net Income | 73.7 M | 77.4 M | |
| Net Income Applicable To Common Shares | 64.1 M | 67.3 M | |
| Net Income From Continuing Ops | 73.7 M | 77.4 M | |
| Net Income Per Share | 0.12 | 0.13 | |
| Net Income Per E B T | 0.59 | 0.47 |
Pair Trading with Orezone Gold
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Orezone Gold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Orezone Gold will appreciate offsetting losses from the drop in the long position's value.Moving together with Orezone Stock
| 0.96 | AG | First Majestic Silver | PairCorr |
| 0.91 | IE | Ivanhoe Energy | PairCorr |
| 0.94 | FDY | Faraday Copper Corp | PairCorr |
The ability to find closely correlated positions to Orezone Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Orezone Gold when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Orezone Gold - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Orezone Gold Corp to buy it.
The correlation of Orezone Gold is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Orezone Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Orezone Gold Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Orezone Gold can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Orezone Stock
Orezone Gold financial ratios help investors to determine whether Orezone Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Orezone with respect to the benefits of owning Orezone Gold security.