Orezone Gold Corporation (ORE) fair value: what the stock is really worth
As of Sep 24, 2026: fair value of Orezone Gold Corporation A$1.98, price A$3.19, upside -37.9%, quality 44 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch Orezone Gold Corporation for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
Orezone Gold Corporation engages in the mining, exploration, and development of gold properties. Its flagship property is the 90% owned Bomboré gold project, which covers an area of approximately 12,963 hectares comprising one industrial operating permit and four mining exploration permits located in Burkina Faso, West Africa.
Show more
Orezone Gold Corporation engages in the mining, exploration, and development of gold properties. Its flagship property is the 90% owned Bomboré gold project, which covers an area of approximately 12,963 hectares comprising one industrial operating permit and four mining exploration permits located in Burkina Faso, West Africa. Orezone Gold Corporation was incorporated in 2008 and is headquartered in Vancouver, Canada.
Stock analysis
Orezone Gold Corporation (ORE) currently trades at A$3.19, while our model-based Fair Value estimate is A$1.98, implying the stock looks roughly 61.0% overvalued today.
Show more
Valuation
Bull case: the Growth Earnings group reads highest at a median of A$4.19 per share, and 5 of the 14 models we run sit above the A$3.19 price.
Bear case: the Asset-Based group reads lowest at A$0.4000, and 9 of the 14 models stay below the price. Evidence for this calculation is medium.
Scenario range: A$1.49 (bear) to A$2.47 (bull), the price of A$3.19 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 44/100 (below-average quality), in the Basic Materials sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Orezone Gold Corporation reported revenue of $377M in FY2025 versus $0 in FY2021. Reported net income was $64.9M in FY2025.
Key figures
Market cap A$1.9B (≈ $1.3B) · P/E ratio 16.0 · P/S ratio 2.75 · EPS (TTM) A$0.2000 · Net margin 17.2% · Return on equity 24.6% · Return on assets (EBIT) 13.2% · Operating margin 46.7%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 43 out of 100 (low confidence).
What moves the price
The share trades about 4% below its 52-week high and 138% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at 10% fair-value upside, at −38%, ORE screens richer than that median.
Fair Value models
Bear A$1.49Fair Value A$1.98Bull A$2.47
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then (A$0.1468 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.53/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+32.8%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+105.4%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+42.7%
Start year 2020 (pandemic). Over 10 years: +41.6% a year
Revenue growth 19 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+69.6%
’13
’14
’15
’16
’17
’18
’19
’20
’22
’23
’24
’25
What shareholders gained per year (last 3 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 3 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+21.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year+21.9%
Dividend (yield on the price)0.0%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.6% → 40%
Compare Orezone Gold Corporation with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Gold · 238 stocks
Beats the industry median on 6/12 measures
A mixed picture versus its industry peers.
Valuation
Quality Score44 · Below median
Fair Value upside−38% · Below median
Profitability
Return on equity (TTM)25% · Above median
Return on assets14% · Top 25%
Net margin (TTM)18% · Below median
Operating margin (TTM)47% · Above median
Growth and dividend
Revenue growth125% · Top 25%
Balance sheet
Debt / equity0.11× · Above median
Valuation Multiplesvs Gold median · lower = cheaper
P/E (TTM)16.0× · Pricier than median
P/B3.35× · Pricier than median
P/S (TTM)2.79× · Cheaper than median
EV/EBITDA5.4× · Cheaper than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)100· sector 100
PAST (return on equity)98· sector 17
HEALTH (low debt)95· sector 98
DIVIDEND (yield)0· sector 20
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Is Orezone Gold Corporation (ORE) overvalued or undervalued?
As of Sep 23, 2026, our model estimates a fair value of A$1.98 versus a price of A$3.19, about −38% upside (overvalued).
What is the fair value of ORE?
Our model-based fair value for Orezone Gold Corporation is A$1.98 (as of Sep 23, 2026), built from audited fundamentals. The current price: A$3.19.
What is the quality score of ORE?
Orezone Gold Corporation has a Quality Score of 44/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Orezone Gold Corporation (ORE)?
Our model-based price target is the fair value of A$1.98 (as of Sep 23, 2026) from 14 valuation models. Cautious scenario A$1.49, optimistic scenario A$2.47. It is a calculation from audited fundamentals, not an analyst target.
What is the Orezone Gold Corporation stock forecast for 2026?
Our models put fair value at A$1.98, about −38% upside versus a price of A$3.19 (overvalued). Cautious scenario A$1.49, optimistic scenario A$2.47. The calculation is refreshed regularly with new filings.
What is the revenue of Orezone Gold Corporation (ORE)?
Orezone Gold Corporation reported trailing-twelve-month revenue of about A$480M (latest available figure, as of Sep 23, 2026).
What is the intrinsic value of Orezone Gold Corporation (ORE)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Orezone Gold Corporation it is A$1.98 per share (as of Sep 23, 2026), against a price of A$3.19. It is the blended result of 14 valuation models (cash flow, earnings, asset, dividend).
Is Orezone Gold Corporation stock overvalued or undervalued in 2026?
As of Sep 23, 2026, ORE trades above its calculated fair value: price A$3.19, fair value A$1.98, a gap of about −38% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of ORE?
No. The price is what the market pays today (A$3.19); the fair value is what the company's own numbers justify (A$1.98). For Orezone Gold Corporation the two are A$1.21 per share apart. That gap is exactly why we show both numbers side by side.
How much is Orezone Gold Corporation worth?
The market values Orezone Gold Corporation at about A$1.9B (market capitalisation, as of Sep 23, 2026). Per share that is A$3.19; our models calculate a fair value of A$1.98 per share.
What do the bullish and bearish scenarios say about ORE?
Our models span a range for Orezone Gold Corporation: cautious scenario A$1.49, base A$1.98, optimistic A$2.47 per share (as of Sep 23, 2026, price A$3.19). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of ORE?
Orezone Gold Corporation trades at a price-to-earnings ratio of 16.0 (as of Sep 23, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of A$1.98 is built from several models across several years. Other multiples: P/B 3.4, P/S 2.8, EV/EBITDA 5.4.
How solid is the balance sheet of Orezone Gold Corporation (ORE)?
Balance-sheet figures for Orezone Gold Corporation (as of Sep 23, 2026): return on equity 24.6%, debt of 0.11 per unit of equity. They feed the Quality Score of 44/100, which measures business quality independently of the share price.
How far is ORE from its 52-week high?
Orezone Gold Corporation trades at A$3.19, about 4% below its 52-week high of A$3.32 and 138% above the low of A$1.34 (as of Sep 24, 2026). Distance from the high says nothing about value: that is what the fair value of A$1.98 is for.
Which stocks are comparable to Orezone Gold Corporation?
From the same area (Basic Materials) we also value Newmont Corporation, Zijin Mining Group, Agnico Eagle Mines Limited, Barrick Mining Corporation, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Orezone Gold Corporation stock attractive at the current price?
The data as of Sep 23, 2026: price A$3.19, calculated fair value A$1.98 (−38%), Quality Score 44/100, from 14 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of ORE calculated?
We run Orezone Gold Corporation through 14 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of A$1.98, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.0 % above its aggregate fair value. Orezone Gold Corporation itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Orezone Gold Corporation (ORE)?
The closing price on Sep 24, 2026 was A$3.19. Our model-based fair value is A$1.98, about −38% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Orezone Gold Corporation right now?
The price sits above even our optimistic bull case (A$2.47). The favourable scenario is already priced in. Weak quality (44/100) and above fair value at the same time, the margin of safety is missing on both counts.
Key figures of Orezone Gold Corporation
How large is the market capitalisation of Orezone Gold Corporation (ORE)?
The market capitalisation of Orezone Gold Corporation is A$1.9B (≈ $1.3B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Orezone Gold Corporation (ORE)?
The price-to-sales ratio of Orezone Gold Corporation is 2.75 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Orezone Gold Corporation (ORE)?
Earnings per share at Orezone Gold Corporation are A$0.2000 (price ÷ EPS = P/E 16.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Orezone Gold Corporation (ORE)?
The net margin of Orezone Gold Corporation is 17.2% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Orezone Gold Corporation (ORE)?
The return on equity (ROE) of Orezone Gold Corporation is 24.6% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Orezone Gold Corporation (ORE)?
On an EBIT basis the return on assets of Orezone Gold Corporation is 13.2% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Orezone Gold Corporation (ORE)?
The operating margin of Orezone Gold Corporation is 46.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Orezone Gold Corporation (ORE)?
Revenue at Orezone Gold Corporation is growing +125% versus a year earlier (3y avg +105%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Orezone Gold Corporation (ORE)?
Earnings per share at Orezone Gold Corporation are growing +100% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Orezone Gold Corporation (ORE) generate?
The free cash flow of Orezone Gold Corporation is −A$40.3M (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Orezone Gold Corporation (ORE) carry?
The net debt of Orezone Gold Corporation is A$20.6M (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Orezone Gold Corporation in the live analysis
One click puts Orezone Gold Corporation on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
