$ORE.TO

SSR, OceanaGold, Pan American Silver Have Strongest Cost Performance Among Precious Metals Companies in Q1

SSR Mining (SSR.TO), OceanaGold (OFC.TO) and Pan American Silver (PAAS.TO) showed the strongest cost performance and outperformed their peer-group averages among senior precious metals producers following the first-quarter reporting season, National Bank of Canada said Thursday.Meanwhile, Versamet Royalties (VMET.TO), Metalla Royalty (MTA.V), Wesdome Gold (WDO.TO), Endeavour Silver (EDR.TO), Orezone (ORE.TO) and Barrick Gold (ABX.TO) show the lowest re-rating upside from a first-quarter revisions perspective, National Bank said.Production growth, sustained free cash flow, capital returns, possible M&A activity and/or cost improvements remain potential catalysts for this group, the bank said.Aris Mining (ARIS.TO), Heliostar (HSTR.V), Lundin Gold (LUG.TO), Elemental Royalties (ELE.TO), Agnico Eagle (AEM.TO) and Alamos Gold (AGI.TO) screen as the most attractive catch-up re-rating opportunities, with valuations having moved furthest from estimate revisions, the bank said.

Orezone Gold Down 5% as Reports Latest Casa Berardi Drill Results

Orezone Gold (ORE.TO), down 5% on last look, said Tuesday that the most recent drill results from Casa Berardi mine in Quebec highlight the mine's significant and untapped exploration upside.Highlights include 6.47 grams per tonne (g/t) gold over 21.5m (CBF-160-233), including 8.94 g/t gold over 12.7m and 7.20 g/t gold over 14.9m (CBF-134-125) including 16.18 g/t gold over 3.4m, a statement noted.The results, from the near-surface F160 and F134 zones, will support planned pit expansions, and also illustrate the down-plunge continuity of high-grade mineralization in each zone, said chief executive Patrick Downey. In addition to ramping-up underground exploration drilling at Casa Berardi, surface drilling of the F160 and F134 zones will remain ongoing, he added."Overall, we are incredibly encouraged by these initial drill results at Casa Berardi, and look forward to providing regular exploration updates as we incrementally ramp-up exploration to a sustained 80,000-100,000m/yr," Downey said.Orezone Gold share price was last seen down $0.12, to $2.24 on the Toronto Stock Exchange.Price: $2.24, Change: $-0.12, Percent Change: -5.08%

Orezone Reporting First Set of Drill Results from Casa Berardi Mine Including 16.10g/t Au over 6.7m and 6.47g/t Au over 21.5m

Orezone Gold Q1 Earnings More Than Double On Higher Gold Prices; Revenue Beats Estimates

Orezone Gold (ORE.TO) after trade Wednesday said its first-quarter earnings more than doubled on higher revenue driven by "strong gold prices, expanding production, and tight cost control."The company's net earnings attributable to shareholders stood at US$39.56 million, or US$0.07 per share, up from US$15.98 million, or US$0.03, a year ago. FactSet expected US$0.07 per share.Revenue rose to US$185.9 million from US$82.7 million a year prior. FactSet expected US$178.1 million. The company said it generated strong revenue from the sale of 37,962 ounces of gold at an average realized price of US$4,887 per ounce and alll-in sustaining costs of US$2,245 per ounce.In the first quarter, gold production reached 38,789 ounces with 37,563 oz from Bombore and 1,226 oz from Casa Berardi, it added."First quarter gold production marks a significant step forward for the company as it reflects new production from the expanded Bombore Mine and the newly-acquired Casa Berardi Mine. We expect gold production to improve for the remainder of 2026 with full quarterly contributions from Casa Berardi and higher head grades at Bombore as hard rock mining ramps up," chief executive Patrick Downey.Orezone shares closed up C$0.07 to $2.50 on the Toronto Stock Exchange on Wednesday.

Orezone Q1 Revenue of US$185.9M

Orezone Gold Appoints Marc-Andre Pelletier as Its Chief Operating Officer, Effective June 1

Orezone Gold (ORE.TO, ORE.AX) appointed Marc-Andre Pelletier as the company's Chief Operating Officer effective June 1, it said on Wednesday.The company also appointed Jean-Francois Ravenelle as Vice President of Exploration and Amanda Mallough as Vice President of Investor Relations. Mallough will join Orezone Gold on May 18, it said.It also announced the promotion of Kevin MacKenzie to Senior Vice President, Corporate Development, and Chris McLean to Senior Vice President, Finance and Administration of Orezone Quebec.Shares of the company closed up 4.3% to $2.43 on Tuesday on the Toronto Stock Exchange.

Orezone Gold Maintained at Outperform at National Bank After Q1 Production Results; Price Target Kept at C$3.75

National Bank Financial on maintained its outperform rating on the shares of Orezone Gold (ORE.TO) and its C$3.75 price target as it updated its estimates following the company's first-quarter production results."For the quarter, we now model AISC of $2,419/oz vs. $2,335/oz prior and forecast an attributable adj. EPS of $0.08. As a result of our changes, our 2026 EBITDA remains largely unchanged at $643 mln from $641 mln, and our NAV increases marginally to C$4.38/sh from C$4.34/sh. We reiterate our Outperform rating and C$3.75 price target," analyst Mohamed Sidibe wrote.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $2.27, Change: $-0.02, Percent Change: -0.87%