Orezone Gold Corp Stock Performance
| ORE Stock | 0.61 0.01 1.67% |
The company holds a Beta of -0.13, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Orezone Gold are expected to decrease at a much lower rate. During the bear market, Orezone Gold is likely to outperform the market. At this point, Orezone Gold Corp has a negative expected return of -0.19%. Please make sure to check Orezone Gold's treynor ratio and the relationship between the skewness and price action indicator , to decide if Orezone Gold Corp performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Orezone Gold Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest unfluctuating performance, the Stock's technical and fundamental indicators remain healthy and the recent disarray on Wall Street may also be a sign of long period gains for the firm investors. ...more
1 | Orezone Gold Corp Q3 2024 Earnings Call Highlights Record Production Amidst Cost Challenges - Yahoo Finance | 11/07/2024 |
| Begin Period Cash Flow | 9.2 M |
Orezone |
Orezone Gold Relative Risk vs. Return Landscape
If you would invest 72.00 in Orezone Gold Corp on August 25, 2024 and sell it today you would lose (11.00) from holding Orezone Gold Corp or give up 15.28% of portfolio value over 90 days. Orezone Gold Corp is producing return of less than zero assuming 3.6515% volatility of returns over the 90 days investment horizon. Simply put, 32% of all stocks have less volatile historical return distribution than Orezone Gold, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Orezone Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Orezone Gold's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Orezone Gold Corp, and traders can use it to determine the average amount a Orezone Gold's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0528
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| 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.
Orezone Gold Fundamentals Growth
Orezone Stock prices reflect investors' perceptions of the future prospects and financial health of Orezone Gold, and Orezone Gold fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Orezone Stock performance.
| Return On Equity | 0.19 | ||||
| Return On Asset | 0.13 | ||||
| Profit Margin | 0.11 % | ||||
| Operating Margin | 0.28 % | ||||
| Current Valuation | 330.73 M | ||||
| Shares Outstanding | 465.65 M | ||||
| Price To Book | 0.90 X | ||||
| Price To Sales | 1.10 X | ||||
| Revenue | 271.49 M | ||||
| Gross Profit | 19.43 M | ||||
| EBITDA | 110.95 M | ||||
| Net Income | 49.62 M | ||||
| Cash And Equivalents | 5.64 M | ||||
| Cash Per Share | 0.05 X | ||||
| Total Debt | 93.4 M | ||||
| Current Ratio | 12.00 X | ||||
| Book Value Per Share | 0.49 X | ||||
| Cash Flow From Operations | 79.95 M | ||||
| Earnings Per Share | 0.10 X | ||||
| Market Capitalization | 284.04 M | ||||
| Total Asset | 320.08 M | ||||
| Retained Earnings | (189.29 M) | ||||
| Working Capital | (30.5 M) | ||||
| Current Asset | 4.3 M | ||||
| Current Liabilities | 210.27 K | ||||
About Orezone Gold Performance
By examining Orezone Gold's fundamental ratios, stakeholders can obtain critical insights into Orezone Gold's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Orezone Gold is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 28.61 | 27.18 | |
| Return On Tangible Assets | 0.13 | 0.14 | |
| Return On Capital Employed | 0.35 | 0.36 | |
| Return On Assets | 0.13 | 0.14 | |
| Return On Equity | 0.29 | 0.30 |
Things to note about Orezone Gold Corp performance evaluation
Checking the ongoing alerts about Orezone Gold for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Orezone Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Orezone Gold Corp generated a negative expected return over the last 90 days | |
| Orezone Gold Corp has some characteristics of a very speculative penny stock | |
| Orezone Gold Corp has high historical volatility and very poor performance | |
| About 23.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Orezone Gold Corp Q3 2024 Earnings Call Highlights Record Production Amidst Cost Challenges - Yahoo Finance |
- Analyzing Orezone Gold's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Orezone Gold's stock is overvalued or undervalued compared to its peers.
- Examining Orezone Gold's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Orezone Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Orezone Gold's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Orezone Gold's stock. These opinions can provide insight into Orezone Gold's potential for growth and whether the stock is currently undervalued or overvalued.
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.