Orezone Gold Corp (OTCPK:ORZCF)
$ 1.97 +0.12 (+6.23%) Market Cap: 1.31 Bil Enterprise Value: 1.39 Bil PE Ratio: 13.40 PB Ratio: 2.47 GF Score: 28/100

Q2 2025 Orezone Gold Corp Earnings Call Transcript

Aug 13, 2025 / 09:00 PM GMT
Release Date Price: $0.826 (-1.40%)

Key Points

Positve
  • Orezone Gold Corp (ORZCF) achieved solid gold production of 27,548 ounces in Q2 2025, keeping on track to meet its annual guidance of 115,000 to 130,000 ounces.
  • The company reported strong financial performance with $94.5 million in revenue and a robust cash position of $72.6 million at the end of the quarter.
  • Orezone Gold Corp (ORZCF) successfully commenced trading on the Australian Stock Exchange, raising $75 million to accelerate its stage 2 expansion.
  • The hard rock expansion project is on schedule and budget, with stage one commissioning planned for Q4 2025, expected to significantly increase production.
  • The company maintains strong community and government support, which is crucial for ongoing operations and expansion efforts.
Negative
  • All-in sustaining costs were impacted by external factors, including royalties, grid power interruptions, and foreign exchange, adding $236 per ounce to the budget.
  • Unit cash costs were negatively affected by a stronger XOF currency, which rose by 7% against the US dollar compared to Q1.
  • Grid power availability was lower in Q2, with utilization at 50%, compared to 90% in the second half of 2024, impacting operational efficiency.
  • Free cash flow was negative at $27.2 million due to heavy investment in the Bombore gold mine expansion.
  • The company faces risks related to achieving ASIC guidance due to external cost factors and seasonal power interruptions.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

ORE.TO - Orezone Gold Corp
Q2 2025 Orezone Gold Corp Earnings Call
Aug 13, 2025 / 09:00PM GMT

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Presentation
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Unidentified_1 [1]
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Good afternoon and welcome to the AutoZone quarter 2 2025 results webcast and conference call.

I am France and I'll be the operator assisting you today.

All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press one on your telephone keypad. If you would like to withdraw your question, press one again.

Thank you.

I would now like to turn the call over to Patrick Downey.

President and CEO. Please go ahead.

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Unidentified_2 [2]
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