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Orezone Gold Corporation (ASX:ORE)

ALERT: Price-sensitive ASX Announcement for ORE
Current share price for ORE : $2.760 0.07 (2.60%)+
Announcement
Release
13 Aug 2026 8:16AM
Price at Release
$2.690
Full Release
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Summary
Orezone Gold Corporation's Q2 2026 financial statements highlighted substantial revenue growth and increased net earnings compared to the previous year. The acquisition of Hecla Quebec Inc., including the Casa Berardi mine, significantly impacted the company's financial position, with liabilities rising and shareholder equity increasing. The issuance of shares provided a substantial capital boost, and the company continues to operate its key gold mining projects in Burkina Faso and Quebec.
Key Points
  • Orezone Gold Corporation released its Q2 2026 financial statements.
  • Revenue for the six months ending June 30, 2026, was $457.6 million, significant growth from $177.2 million in 2025.
  • Net earnings for the period were $101.9 million compared to $36.7 million in the previous year.
  • The company acquired Hecla Quebec Inc., enhancing its portfolio with the Casa Berardi mine.
  • Total liabilities increased to $763.1 million from $256.3 million at the end of 2025.
  • Equity attributable to shareholders rose to $589.8 million, up from $400.0 million.
  • The company issued 65.8 million shares, raising $102.7 million.
  • Orezone Gold Corporation operates the Bomboré gold mine in Burkina Faso and the Casa Berardi gold mine in Quebec.
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.