Orezone Gold Corp Stock Performance
| ORZCF Stock | USD 0.41 0.03 6.82% |
The company holds a Beta of 0.21, which implies not very significant fluctuations relative to the market. As returns on the market increase, Orezone Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding Orezone Gold is expected to be smaller as well. At this point, Orezone Gold Corp has a negative expected return of -0.36%. Please make sure to check Orezone Gold's jensen alpha, as well as the relationship between the skewness and day median price , 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. Despite fragile performance in the last few months, the Stock's fundamental indicators remain nearly stable which may send shares a bit higher in December 2024. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
| Begin Period Cash Flow | 8.9 M | |
| Total Cashflows From Investing Activities | -76.8 M |
Orezone |
Orezone Gold Relative Risk vs. Return Landscape
If you would invest 54.00 in Orezone Gold Corp on August 28, 2024 and sell it today you would lose (13.00) from holding Orezone Gold Corp or give up 24.07% of portfolio value over 90 days. Orezone Gold Corp is currently producing negative expected returns and takes up 3.8389% volatility of returns over 90 trading days. Put another way, 34% of traded otc stocks are less volatile than Orezone, and 99% of all traded equity instruments are likely to generate higher returns 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 otc 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 = -0.0945
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| Negative Returns | ORZCF |
Estimated Market Risk
| 3.84 actual daily | 34 66% of assets are more volatile |
Expected Return
| -0.36 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 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 OTC 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 OTC Stock performance.
| Return On Equity | -0.12 | |||
| Return On Asset | -0.0539 | |||
| Current Valuation | 412.69 M | |||
| Shares Outstanding | 334.62 M | |||
| Price To Earning | (8.57) X | |||
| Price To Book | 4.22 X | |||
| EBITDA | (18.43 M) | |||
| Cash And Equivalents | 23.56 M | |||
| Cash Per Share | 0.07 X | |||
| Total Debt | 45.83 M | |||
| Debt To Equity | 1.60 % | |||
| Book Value Per Share | 0.22 X | |||
| Cash Flow From Operations | (5.94 M) | |||
| Earnings Per Share | (0.06) X | |||
| Total Asset | 140.5 M | |||
About Orezone Gold Performance
By analyzing Orezone Gold's fundamental ratios, stakeholders can gain valuable insights into Orezone Gold's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Orezone Gold has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Orezone Gold has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Orezone Gold Corporation engages in the exploration and development of gold properties. The company was incorporated in 2008 and is headquartered in Vancouver, Canada. OREZONE GOLD operates under Gold classification in the United States and is traded on OTC Exchange. It employs 178 people.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. OTC 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 | |
| Orezone Gold Corp has accumulated 45.83 M in total debt with debt to equity ratio (D/E) of 1.6, which is about average as compared to similar companies. Orezone Gold Corp has a current ratio of 0.67, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Orezone Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Orezone Gold's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Orezone Gold Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Orezone to invest in growth at high rates of return. When we think about Orezone Gold's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (18.57 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Orezone Gold Corp has accumulated about 23.56 M in cash with (5.94 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.07. |
- 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 OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Orezone Gold's otc stock. These opinions can provide insight into Orezone Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Orezone OTC Stock analysis
When running Orezone Gold's price analysis, check to measure Orezone Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Orezone Gold is operating at the current time. Most of Orezone Gold's value examination focuses on studying past and present price action to predict the probability of Orezone Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orezone Gold's price. Additionally, you may evaluate how the addition of Orezone Gold to your portfolios can decrease your overall portfolio volatility.
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