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Orezone Gold Corporation (ASX:ORE)

ALERT: Price-sensitive ASX Announcement for ORE
Current share price for ORE : $2.090 -0.27 (-11.44%)+
Announcement
Release
14 May 2026 8:23AM
Price at Release
$2.360
Full Release
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Summary
In Q1 2026, Orezone Gold Corporation reported increased gold production of 38,789 oz, generating revenue of $185.9M from gold sales. Net earnings attributable to shareholders were $39.6M, with adjusted earnings per share at $0.07. The company achieved a significant rise in operating cash flow to $175.6M, driven by higher gold sales and a $100M Gold Stream deposit. The acquisition of the Casa Berardi gold mine in March 2026 marked a strategic expansion. Cash costs per gold ounce sold were $2,078, while all-in sustaining costs per ounce stood at $2,245.
Key Points
  • Gold production increased to 38,789 oz in Q1-2026.
  • Orezone's revenue rose to $185.9M from gold sales.
  • Net earnings attributable to shareholders were $39.6M.
  • Cash costs per gold ounce sold were $2,078.
  • All-in sustaining costs per gold ounce sold were $2,245.
  • Casa Berardi gold mine was acquired in March 2026.
  • Adjusted earnings per share were $0.07.
  • Operating cash flow increased substantially to $175.6M.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.