Orezone Gold Corporation (ORE) Financings
TSX: ORE · Gold · Production stage
- Market cap$1.98B
- Share price$2.96
- 52-week range$1.25 – $3.40
- Shares outstanding668,398,704
- ExchangeTSX
- Websiteorezone.com
Orezone Gold is an emerging intermediate gold producer with operations in Canada and West Africa. Its Casa Berardi and Bombore gold mines host significant mineral endowments, growth opportunities, and exploration upside. The recently acquired Casa Berardi mine in Quebec has produced over 3.2 million ounces of gold to date while the Bombore mine was constructed and brought into production by Orezone in late 2022. Orezone is led by an experienced management team committed to safe, sustainable, and responsible mining practices, with a focus on delivering long-term value for all stakeholders.
- Company Overview
- Interactive Economic Study
- Mining Data
- News
- Financials
- Management Team
- Insider Sales
- SEDAR+ Filings
Orezone Gold Corporation financial statements
Key figures read from 40 of 40 financial statement filings, Nov 18, 2016 to Aug 12, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
US dollars (US$). Each column is in the units its statement was printed in, shown under the date. Losses and cash outflows are in brackets.
| Dec 2025 thousands | Dec 2024 thousands | Dec 2023 thousands | Dec 2022 | Dec 2021 | |
|---|---|---|---|---|---|
| Cash and equivalents | US$97,952 | US$74,021 | US$19,483 | US$9,158,049 | US$36,082,980 |
| Total current assets | US$191,881 | US$116,323 | US$52,921 | US$31,220,519 | US$39,110,208 |
| Total current liabilities | US$182,132 | US$83,996 | US$83,419 | US$73,778,912 | — |
| Working capital | US$9,749 | US$32,327 | (US$30,498) | (US$42,558,393) | — |
| Exploration and evaluation assets | US$335,786 | US$213,531 | US$193,190 | US$183,342,965 | US$97,280,591 |
| Total assets | US$666,857 | US$448,577 | US$320,079 | US$252,281,115 | US$140,498,496 |
| Debt | US$118,537 | US$99,437 | US$92,549 | US$121,840,416 | US$45,826,744 |
| Total liabilities | US$256,333 | US$184,575 | US$173,717 | US$181,954,547 | US$86,621,993 |
| Shareholders' equity | US$410,524 | US$264,002 | US$146,362 | US$70,326,568 | US$53,876,503 |
Income statement: annual key figures
US dollars (US$). Each column is in the units its statement was printed in, shown under the date. Losses and cash outflows are in brackets.
| FY Dec 2025 thousands | FY Dec 2024 thousands | FY Dec 2023 thousands | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Revenue | US$376,624 | US$283,517 | US$271,491 | US$43,431,156 | — |
| Cost of sales | (US$206,675) | (US$165,807) | — | — | — |
| Exploration and evaluation expense | (US$7,963) | (US$1,616) | US$5,615 | US$7,932,307 | US$1,643,366 |
| General and administrative | (US$8,142) | (US$9,154) | US$7,325 | US$5,469,735 | US$4,905,791 |
| Share-based compensation | (US$2,829) | (US$2,763) | US$2,186 | US$1,851,290 | US$1,778,065 |
| Impairments and write-downs | US$0 | US$8,881 | US$8,881 | — | — |
| Net income (loss) | US$77,444 | US$64,084 | US$49,623 | US$1,886,209 | (US$18,721,131) |
Cash flow statement: annual key figures
US dollars (US$). Each column is in the units its statement was printed in, shown under the date. Losses and cash outflows are in brackets.
| FY Dec 2025 thousands | FY Dec 2024 thousands | FY Dec 2023 thousands | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Operating cash flow | US$99,476 | US$57,697 | US$79,950 | US$6,581,653 | (US$5,940,444) |
| Investing cash flow | (US$141,598) | (US$45,972) | (US$43,778) | (US$105,977,227) | (US$76,754,524) |
| Financing cash flow | US$61,711 | US$45,074 | (US$25,379) | US$74,030,717 | US$108,492,546 |
| Property, plant and equipment spending | (US$139,802) | (US$47,005) | (US$44,546) | (US$106,054,153) | (US$76,927,742) |
| Proceeds from share issues | US$82,582 | US$47,431 | US$12,057 | — | — |
| Change in cash | US$23,931 | US$54,538 | US$10,325 | (US$26,924,931) | US$27,216,363 |
| Cash at end of period | US$97,952 | US$74,021 | US$19,483 | US$9,158,049 | US$36,082,980 |
Orezone Gold Corporation financings
5 financings announced or closed by Orezone Gold Corporation, read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2025-07-11 | Orezone Gold Corporation (ORE) | Private placement, brokered | Closed, 1 tranche | AUD $75.0M | $1.14 | Orezone Lodges Prospectus to Raise A$75 Million as Part of ASX Listing |
| 2025-03-17 | Orezone Gold Corporation (ORE) | Private placement, bought deal | Closed, 2 tranches | $8.8M | $0.820 | Orezone Gold Announces C$8.8 Million Private Placement with Nioko to Maintain Its 19.9% Interest |
| 2025-02-23 | Orezone Gold Corporation (ORE) | Private placement, bought deal | Closed, 1 tranche | $35.0M | $0.820 | Orezone Gold Announces C$35 Million Bought Deal Offering |
| 2024-12-23 | Orezone Gold Corporation (ORE) | Debt | Closed, 1 tranche | — | — | Orezone Announces Closing of Term Loan for Phase II Hard Rock Expansion |
| 2024-07-10 | Orezone Gold Corporation (ORE) | Private placement, non-brokered | Closed, 1 tranche | US$105.0M | $0.700 | Orezone Announces US$105 Million Financing to Fully Fund the Bomboré Phase II Hard Rock Expansion |