Orezone Gold Corp Stock Price on July 13, 2023
| ORE Stock | 0.61 0.01 1.67% |
If you're considering investing in Orezone Stock, it is important to understand the factors that can impact its price. As of today, the current price of Orezone Gold stands at 0.61, as last reported on the 24th of November, with the highest price reaching 0.62 and the lowest price hitting 0.60 during the day. Orezone Gold Corp maintains Sharpe Ratio (i.e., Efficiency) of -0.0528, which implies the firm had a -0.0528% return per unit of risk over the last 3 months. Orezone Gold Corp exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Orezone Gold's Variance of 13.37, coefficient of variation of (1,483), and Risk Adjusted Performance of (0.04) to confirm the risk estimate we provide.
At this time, Orezone Gold's Total Stockholder Equity is very stable compared to the past year. As of the 24th of November 2024, Common Stock Shares Outstanding is likely to grow to about 386.7 M, while Common Stock is likely to drop about 212.7 M. . At this time, Orezone Gold's Price Earnings Ratio is very stable compared to the past year. As of the 24th of November 2024, Price To Operating Cash Flows Ratio is likely to grow to 3.03, while Price To Sales Ratio is likely to drop 0.81. Orezone Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Orezone |
Sharpe Ratio = -0.0528
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| Negative Returns | ORE |
Estimated Market Risk
| 3.65 actual daily | 32 68% of assets are more volatile |
Expected Return
| -0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Orezone Gold is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Orezone Gold by adding Orezone Gold to a well-diversified portfolio.
Price Book 0.8954 | Enterprise Value Ebitda 2.5015 | Price Sales 1.0956 | Shares Float 253 M | Wall Street Target Price 1.61 |
Orezone Gold Main Headline on 13th of July 2023
Investors in Orezone Gold have seen favorable returns of 83 ... by news.google.com
Investors in Orezone Gold have seen favorable returns of 83 percent over the past five years Simply Wall St
Orezone Gold Valuation on July 13, 2023
It is possible to determine the worth of Orezone Gold on a given historical date. On July 13, 2023 Orezone was worth 1.28 at the beginning of the trading date compared to the closed value of 1.29. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Orezone Gold stock. Still, in general, we apply an absolute valuation method to find Orezone Gold's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Orezone Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Orezone Gold's related companies.
| Open | High | Low | Close | Volume | |
| 1.27 | 1.32 | 1.27 | 1.28 | 146,500 | |
07/13/2023 | 1.28 | 1.30 | 1.27 | 1.29 | 206,800 |
| 1.30 | 1.30 | 1.28 | 1.29 | 38,300 |
| Backtest Orezone Gold | | | Orezone Gold History | | | Orezone Gold Valuation | Previous | Next |
Orezone Gold Trading Date Momentum on July 13, 2023
| On July 14 2023 Orezone Gold Corp was traded for 1.29 at the closing time. The maximum traded price for the trading interval was 1.30 and the lowest daily price was 1.28 . The daily volume was recorded at 38.3 K. The volume of trading on 14th of July 2023 did not cause price change. The trading delta at closing time to the closing price today is 3.88% . |
Orezone Gold Corp Fundamentals Correlations and Trends
By evaluating Orezone Gold's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Orezone Gold's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Orezone financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Orezone Gold Stock history
Orezone Gold investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Orezone is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Orezone Gold Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Orezone Gold stock prices may prove useful in developing a viable investing in Orezone Gold
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 368.3 M | 386.7 M | |
| Net Income Applicable To Common Shares | 837 K | 878.8 K |
Orezone Gold Stock Technical Analysis
Orezone Gold technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Orezone Gold Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Orezone Gold Corp cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Orezone Gold November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Orezone Gold stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Orezone Gold shares will generate the highest return on investment. By undertsting and applying Orezone Gold stock market strength indicators, traders can identify Orezone Gold Corp entry and exit signals to maximize returns
Orezone Gold Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Orezone Gold's price direction in advance. Along with the technical and fundamental analysis of Orezone Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Orezone to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.83) | |||
| Treynor Ratio | 2.01 |
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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.