Orezone Gold (CVE:ORE)‘s stock had its “buy” rating restated by analysts at Beacon Securities in a research note issued on Wednesday.

Shares of CVE ORE remained flat at $C$0.68 during mid-day trading on Wednesday. Orezone Gold has a 1-year low of C$0.57 and a 1-year high of C$1.02.

Orezone Gold (CVE:ORE) last issued its quarterly earnings results on Wednesday, August 22nd. The company reported C($0.03) earnings per share for the quarter.

In related news, Director Michael Henreid Halvorson purchased 250,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 15th. The stock was purchased at an average cost of C$0.60 per share, with a total value of C$150,000.00. Also, insider Sun Valley Gold Llc purchased 56,200 shares of the firm’s stock in a transaction that occurred on Wednesday, October 3rd. The shares were bought at an average cost of C$0.63 per share, with a total value of C$35,406.00. Over the last ninety days, insiders have purchased 1,491,200 shares of company stock valued at $901,946.

About Orezone Gold

Orezone Gold Corporation engages in the investigation, acquisition, exploration, development, and operation of resource projects. Its principal property is the Bomboré gold project located in Burkina Faso, West Africa. The company was incorporated in 2008 and is headquartered in Ottawa, Canada. Orezone Gold Corporation(TSXV:ORE) operates independently of IAMGOLD Burkina Faso Inc as of February 25, 2009.

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