Financial Ratios Orezone Gold Corporation

Stocks

ORE

CA68616T1093

Gold

End-of-day quote Toronto S.E. Other stock markets 2026-07-10			5-day change	1st Jan Change
2.320 ^CAD	-2.11%		-8.66%	+31.07%

Jul. 09	ASX Biggest Gainers	MT
Jul. 09	Orezone Gold Sees Strong Growth Path for Canadian Gold Mine Despite Near-Term Cost Pressures, Euroz Hartleys Says	MT

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Published financial data: OREZONE GOLD CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	-	43.43M	271M	284M	377M
Total Revenues	-	43.43M	271M	284M	377M
Cost of Goods Sold, Total	-	24.01M	145M	137M	173M
Gross Profit	-	19.43M	127M	146M	204M
Selling General & Admin Expenses, Total	4.91M	5.47M	7.32M	9.15M	8.14M
Exploration / Drilling Costs, Total	1.64M	7.93M	5.62M	1.62M	7.96M
Stock-Based Compensation (IS)	1.78M	1.85M	2.19M	2.76M	2.83M
Depreciation & Amortization - (IS)	258K	2.88M	29.8M	28.48M	33.64M
Other Operating Expenses	-	-	-	503K	-
Other Operating Expenses, Total	8.59M	18.14M	44.93M	42.52M	52.57M
Operating Income	-8.59M	1.29M	81.92M	104M	151M
Interest Expense, Total	-28.77K	-1.73M	-14.85M	-13.16M	-11.44M
Interest And Investment Income	173K	76.99K	809K	1.04M	2.09M
Net Interest Expenses	144K	-1.65M	-14.04M	-12.13M	-9.35M
Currency Exchange Gains (Loss)	-1.53M	-967K	-2.55M	2.4M	-1.5M
Other Non Operating Income (Expenses)	-8.36M	3.28M	-2.2M	-8.96M	-11.76M
EBT, Excl. Unusual Items	-18.33M	1.96M	63.12M	84.89M	128M
Gain (Loss) On Sale Of Investments	-391K	-68.9K	-272K	-	-
Gain (Loss) On Sale Of Assets	-	-	-	-	-
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	-18.72M	1.89M	62.85M	84.89M	128M
Income Tax Expense	-	-	13.23M	20.8M	50.96M
Earnings From Continuing Operations	-18.72M	1.89M	49.62M	64.08M	77.44M
Net Income to Company	-18.72M	1.89M	49.62M	64.08M	77.44M
Minority Interest	147K	-956K	-6.48M	-8.37M	-12.54M
Net Income - (IS)	-18.57M	930K	43.15M	55.71M	64.9M
Net Income to Common Incl Extra Items	-18.57M	930K	43.15M	55.71M	64.9M
Net Income to Common Excl. Extra Items	-18.57M	930K	43.15M	55.71M	64.9M
Per Share Items
Net EPS - Basic	-0.06	0	0.12	0.14	0.12
Basic EPS - Continuing Operations	-0.06	0	0.12	0.14	0.12
Basic Weighted Average Shares Outstanding	318M	330M	358M	407M	544M
Net EPS - Diluted	-0.06	0	0.12	0.13	0.11
Diluted EPS - Continuing Operations	-0.06	0	0.12	0.13	0.11
Diluted Weighted Average Shares Outstanding	318M	347M	368M	414M	606M
Normalized Basic EPS	-0.04	0	0.09	0.11	0.12
Normalized Diluted EPS	-0.04	0	0.09	0.11	0.11
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
EBITDA	-8.5M	4.02M	111M	132M	185M
EBITA	-8.59M	1.29M	81.92M	104M	151M
EBIT	-8.59M	1.29M	81.92M	104M	151M
EBITDAR	-8.19M	6.36M	116M	136M	-
Effective Tax Rate - (Ratio)	-	-	21.05	24.51	39.69
Total Current Taxes	-	-	18.04M	28.26M	49.18M
Total Deferred Taxes	-	-	-4.81M	-7.45M	1.78M
Normalized Net Income	-11.31M	266K	32.98M	44.68M	67.71M
Interest on Long-Term Debt	28.77K	93.3K	114K	91K	11.44M
Supplemental Operating Expense Items
General and Administrative Expenses	4.91M	5.47M	7.32M	9.15M	8.14M
Exploration/Drilling Costs	1.64M	7.93M	5.62M	1.62M	7.96M
Net Rental Expense, Total	307K	2.34M	4.96M	4.06M	-
Imputed Operating Lease Interest Expense	3.04K	383K	5.45M	4.42M	-
Imputed Operating Lease Depreciation	304K	1.96M	-489K	-359K	-
Stock-Based Comp., Other (Total)	1.78M	1.85M	2.19M	2.76M	2.83M
Total Stock-Based Compensation	1.78M	1.85M	2.19M	2.76M	2.83M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	36.08M	9.16M	19.48M	74.02M	97.95M
Short Term Investments	55.53K	739K	925K	310K	-
Total Cash And Short Term Investments	36.14M	9.9M	20.41M	74.33M	97.95M
Other Receivables	313K	5.36M	12.2M	21.81M	20.68M
Total Receivables	313K	5.36M	12.2M	21.81M	20.68M
Inventory	357K	12.73M	13.66M	12.79M	61.4M
Prepaid Expenses	2.3M	3.24M	6.65M	7.39M	-
Other Current Assets, Total	-	-	-	0	11.85M
Total Current Assets	39.11M	31.22M	52.92M	116M	192M
Gross Property Plant And Equipment	106M	196M	237M	287M	445M
Accumulated Depreciation	-8.32M	-12.26M	-43.46M	-73.24M	-109M
Net Property Plant And Equipment	97.28M	183M	193M	214M	336M
Long-term Investments	403K	307K	36K	-	-
Deferred Tax Assets Long-Term	-	-	4.81M	12.26M	12M
Deferred Charges Long-Term	3.7M	-	-	1.03M	-
Other Long-Term Assets, Total	-	37.41M	69.12M	105M	127M
Total Assets	140M	252M	320M	449M	667M
Liabilities
Accounts Payable, Total	6.31M	17.48M	21.79M	19.86M	45.19M
Accrued Expenses, Total	12.67M	19.65M	22.95M	25.76M	29.66M
Current Portion of Long-Term Debt	-	32.99M	20.19M	19M	74.86M
Current Portion of Leases	137K	203K	203K	203K	-
Current Income Taxes Payable	243K	673K	18.28M	19.18M	32.42M
Other Current Liabilities	-	2.79M	-	-	-
Total Current Liabilities	19.36M	73.78M	83.42M	84M	182M
Long-Term Debt	45.83M	88.85M	72.36M	80.44M	43.68M
Long-Term Leases	441K	827K	648K	421K	506K
Other Non Current Liabilities	20.99M	18.5M	17.29M	19.72M	30.02M
Total Liabilities	86.62M	182M	174M	185M	256M
Common Stock, Total	268M	281M	307M	359M	441M
Additional Paid In Capital	5.47M	5.47M	5.47M	5.47M	5.47M
Retained Earnings	-233M	-232M	-189M	-134M	-73.99M
Comprehensive Income and Other	23.7M	25.19M	25.77M	26.6M	27.24M
Total Common Equity	63.98M	79.12M	149M	258M	400M
Minority Interest	-10.11M	-8.79M	-2.51M	6.22M	10.51M
Total Equity	53.88M	70.33M	146M	264M	411M
Total Liabilities And Equity	140M	252M	320M	449M	667M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	325M	359M	368M	516M	598M
ECS Total Common Shares Outstanding	324M	336M	365M	466M	598M
Book Value / Share	0.2	0.24	0.41	0.55	0.67
Tangible Book Value	63.98M	79.12M	149M	258M	400M
Tangible Book Value Per Share	0.2	0.24	0.41	0.55	0.67
Total Debt	46.41M	123M	93.4M	100M	119M
Net Debt	9.86M	113M	72.96M	25.73M	21.09M
Debt Equivalent Oper. Leases	2.46M	18.74M	39.67M	32.46M	-
Minority Interest, Total (Incl. Fin. Div)	-10.11M	-8.79M	-2.51M	6.22M	10.51M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	-	-	8.61M	8.63M	53.12M
Inventories - Work In Process, Total	-	-	2.89M	1.74M	3.71M
Inventories - Finished Goods, Total	-	-	2.16M	2.41M	4.57M
Land - (BS)	920K	18.47M	16.34M	38.78M	53.33M
Buildings, Total	6.37M	7.94M	9.44M	13.07M	14.63M
Machinery, Total	6.16M	162M	170M	205M	216M
Full Time Employees	178	503	906	776	-

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	-18.57M	930K	43.15M	55.71M	64.9M
Depreciation & Amortization - CF	258K	2.88M	29.8M	28.48M	33.77M
Depreciation & Amortization, Total	258K	2.88M	29.8M	28.48M	33.77M
(Gain) Loss From Sale Of Asset	-	-	-	-	-
(Gain) Loss on Sale of Investments - (CF)	391K	68.9K	272K	-	-
Asset Writedown & Restructuring Costs	-	-	-	2.77M	1.98M
Stock-Based Compensation (CF)	1.78M	1.85M	2.19M	2.76M	2.83M
Other Operating Activities, Total	9.6M	291K	29.34M	8.72M	42.13M
Change In Accounts Receivable	-	-	-	-	-
Change In Inventories	-7.69K	746	-28.77M	-18.25M	-
Change In Accounts Payable	433K	938K	7.04M	-1.94M	-
Change In Income Taxes	-	-	18.28M	-	-
Change in Other Net Operating Assets	183K	-380K	-21.35M	-20.55M	-46.13M
Cash from Operations	-5.94M	6.58M	79.95M	57.7M	99.48M
Capital Expenditure	-76.93M	-106M	-44.55M	-47M	-140M
Sale of Property, Plant, and Equipment	-	-	-	-	-
Other Investing Activities, Total	173K	76.93K	768K	1.03M	-1.8M
Cash from Investing	-76.75M	-106M	-43.78M	-45.97M	-142M
Long-Term Debt Issued, Total	59.35M	77.4M	-	47.72M	31.16M
Total Debt Issued	59.35M	77.4M	-	47.72M	31.16M
Long-Term Debt Repaid, Total	-57.78K	-164K	-33.96M	-39.55M	-20.9M
Total Debt Repaid	-57.78K	-164K	-33.96M	-39.55M	-20.9M
Issuance of Common Stock	58M	6M	19.63M	48.65M	84.4M
Other Financing Activities, Total	-8.8M	-9.21M	-11.05M	-11.75M	-32.94M
Cash from Financing	108M	74.03M	-25.38M	45.07M	61.71M
Foreign Exchange Rate Adjustments	1.42M	-1.56M	-468K	-2.26M	4.34M
Net Change in Cash	27.22M	-26.92M	10.32M	54.54M	23.93M
Supplemental Items
Cash Interest Paid	28.77K	8.46M	10.6M	9.36M	15.09M
Cash Income Tax Paid (Refund)	-	-	-	26.2M	37.77M
Levered Free Cash Flow	-66.39M	-98.58M	40.61M	33.96M	-25.32M
Unlevered Free Cash Flow	-66.37M	-97.5M	49.89M	42.19M	-18.17M
Change In Net Working Capital	-13.88M	-3.01M	-11.25M	6.78M	9.35M
Net Debt Issued / Repaid	59.29M	77.24M	-33.96M	8.18M	10.25M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	-6.99	0.41	17.89	16.84	16.92
Return on Total Capital	-9.74	0.55	23.65	21.44	21.13
Return On Equity %	-58.9	3.04	45.8	31.23	22.96
Return on Common Equity	-44.39	1.3	37.85	27.4	19.73
Margin Analysis
Gross Profit Margin %	-	44.73	46.72	51.53	54.06
SG&A Margin	-	12.59	2.7	3.23	2.16
EBITDA Margin %	-	9.26	41.07	46.58	49.06
EBITA Margin %	-	2.97	30.17	36.53	40.1
EBIT Margin %	-	2.97	30.17	36.53	40.1
Income From Continuing Operations Margin %	-	4.34	18.28	22.6	20.56
Net Income Margin %	-	2.14	15.89	19.65	17.23
Net Avail. For Common Margin %	-	2.14	15.89	19.65	17.23
Normalized Net Income Margin	-	0.61	12.15	15.76	17.98
Levered Free Cash Flow Margin	-	-226.99	14.96	11.98	-6.72
Unlevered Free Cash Flow Margin	-	-224.5	18.38	14.88	-4.82
Asset Turnover
Asset Turnover	-	0.22	0.95	0.74	0.68
Fixed Assets Turnover	-	0.31	1.44	1.39	1.37
Inventory Turnover (Average Inventory)	-	3.67	10.96	10.39	4.66
Short Term Liquidity
Current Ratio	2.02	0.42	0.63	1.38	1.05
Quick Ratio	1.88	0.21	0.39	1.14	0.65
Operating Cash Flow to Current Liabilities	-0.31	0.09	0.96	0.69	0.55
Days Outstanding Inventory (Average Inventory)	-	99.48	33.3	35.23	78.25
Average Days Payable Outstanding	-	119.35	49.24	55.83	53.57
Long Term Solvency
Total Debt/Equity	86.13	174.71	63.81	37.9	29
Total Debt / Total Capital	46.27	63.6	38.96	27.48	22.48
LT Debt/Equity	85.88	127.52	49.88	30.63	10.76
Long-Term Debt / Total Capital	46.14	46.42	30.45	22.21	8.34
Total Liabilities / Total Assets	61.65	72.12	54.27	41.15	38.44
EBIT / Interest Expense	-298.37	0.75	5.52	7.87	13.2
EBITDA / Interest Expense	-289.41	2.41	7.52	10.03	16.15
(EBITDA - Capex) / Interest Expense	-2.96K	-58.92	4.52	6.46	3.93
Total Debt / EBITDA	-5.57	29.45	0.84	0.76	0.64
Net Debt / EBITDA	-1.18	27.01	0.65	0.19	0.11
Total Debt / (EBITDA - Capex)	-0.54	-1.21	1.39	1.18	2.65
Net Debt / (EBITDA - Capex)	-0.12	-1.11	1.09	0.3	0.47
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	-	525.11	4.43	32.84
Gross Profit, 1 Yr. Growth %	-	-	553.02	15.17	39.36
EBITDA, 1 Yr. Growth %	-54.23	-147.3	2.67K	18.71	39.4
EBITA, 1 Yr. Growth %	-55.63	-115.02	6.25K	27.19	45.1
EBIT, 1 Yr. Growth %	-55.63	-115.02	6.25K	27.19	45.1
Earnings From Cont. Operations, 1 Yr. Growth %	-2.02	-110.08	2.53K	29.14	20.85
Net Income, 1 Yr. Growth %	5.26	-105.01	4.54K	29.12	16.49
Normalized Net Income, 1 Yr. Growth %	6.46	-102.35	12.3K	36.2	51.53
Diluted EPS Before Extra, 1 Yr. Growth %	-17.66	-104.47	4.37K	8.33	-15.38
Inventory, 1 Yr. Growth %	-29.68	3.47K	7.35	-6.37	379.93
Net Property, Plant and Equip., 1 Yr. Growth %	3.71K	88.47	5.37	10.53	57.25
Total Assets, 1 Yr. Growth %	981.7	79.56	26.87	40.15	48.66
Tangible Book Value, 1 Yr. Growth %	224.81	23.65	88.16	73.16	55.18
Common Equity, 1 Yr. Growth %	224.81	23.65	88.16	73.16	55.18
Cash From Operations, 1 Yr. Growth %	-65.72	-210.79	1.11K	-27.83	72.41
Capital Expenditures, 1 Yr. Growth %	16.52K	37.86	-58	5.52	197.42
Levered Free Cash Flow, 1 Yr. Growth %	513.92	48.49	-141.22	-13.93	-176.58
Unlevered Free Cash Flow, 1 Yr. Growth %	514.39	46.9	-151.17	-13.31	-142.85
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	-	155.5	17.78
Gross Profit, 2 Yr. CAGR %	-	-	-	174.24	26.69
EBITDA, 2 Yr. CAGR %	-38.05	-53.47	262.19	473.07	28.89
EBITA, 2 Yr. CAGR %	-38.5	-74.18	208.9	796.04	36.18
EBIT, 2 Yr. CAGR %	-38.5	-74.18	208.9	796.04	36.18
Earnings From Cont. Operations, 2 Yr. CAGR %	-8.62	-68.58	62.81	482.91	24.93
Net Income, 2 Yr. CAGR %	-5.58	-77.04	52.41	673.98	22.64
Normalized Net Income, 2 Yr. CAGR %	-4.29	-84.18	70.76	1.2K	43.66
Diluted EPS Before Extra, 2 Yr. CAGR %	-22.79	-80.56	41.42	596.21	-4.26
Inventory, 2 Yr. CAGR %	-12.98	400.74	518.7	0.25	111.98
Net Property, Plant and Equip., 2 Yr. CAGR %	463.29	747.7	40.92	7.92	31.84
Total Assets, 2 Yr. CAGR %	189.39	340.72	50.94	33.34	44.34
Tangible Book Value, 2 Yr. CAGR %	75	100.41	52.53	80.5	63.92
Common Equity, 2 Yr. CAGR %	75	100.41	52.53	80.5	63.92
Cash From Operations, 2 Yr. CAGR %	-46.74	-38.37	266.86	196.07	11.54
Capital Expenditures, 2 Yr. CAGR %	800.32	1.41K	-23.9	-33.43	77.15
Levered Free Cash Flow, 2 Yr. CAGR %	128.11	201.92	-21.79	-41.29	-19.9
Unlevered Free Cash Flow, 2 Yr. CAGR %	128.21	200.42	-13.3	-34.22	-38.9
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	-	-	105.45
Gross Profit, 3 Yr. CAGR %	-	-	-	-	118.84
EBITDA, 3 Yr. CAGR %	-18.07	-43.38	81.75	149.53	258.19
EBITA, 3 Yr. CAGR %	-18.39	-61.56	61.77	129.35	389.19
EBIT, 3 Yr. CAGR %	-18.39	-61.56	61.77	129.35	389.19
Earnings From Cont. Operations, 3 Yr. CAGR %	5.88	-56.18	37.46	50.71	245
Net Income, 3 Yr. CAGR %	7.44	-64.53	34.72	44.22	311.7
Normalized Net Income, 3 Yr. CAGR %	9.03	-72.18	45.87	58.09	533.85
Diluted EPS Before Extra, 3 Yr. CAGR %	-8.71	-69.87	19.15	29.4	244.86
Inventory, 3 Yr. CAGR %	-2.14	200.02	199.69	229.7	68.96
Net Property, Plant and Equip., 3 Yr. CAGR %	254.43	291.05	323.06	29.96	22.35
Total Assets, 3 Yr. CAGR %	58.65	146.83	191	47.25	38.27
Tangible Book Value, 3 Yr. CAGR %	18.28	55.87	96.24	59.12	71.63
Common Equity, 3 Yr. CAGR %	18.28	55.87	96.24	59.12	71.63
Cash From Operations, 3 Yr. CAGR %	-20.77	-32.01	66.48	113.36	147.24
Capital Expenditures, 3 Yr. CAGR %	381.66	381.67	358.22	-15.14	9.65
Levered Free Cash Flow, 3 Yr. CAGR %	113.8	97.69	55.44	-20.02	-36.43
Unlevered Free Cash Flow, 3 Yr. CAGR %	113.78	97.04	66.53	-14.02	-42.88
Compound Annual Growth Rate Over Five Years
EBITDA, 5 Yr. CAGR %	11.14	-15.56	48.47	42.92	58.33
EBITA, 5 Yr. CAGR %	9.42	-33.21	38.99	35.47	50.82
EBIT, 5 Yr. CAGR %	9.42	-33.21	38.99	35.47	50.82
Earnings From Cont. Operations, 5 Yr. CAGR %	27.76	-26.46	25.76	23.37	32.3
Net Income, 5 Yr. CAGR %	27.56	-35.76	23.57	21.74	29.75
Normalized Net Income, 5 Yr. CAGR %	26.93	-45.75	30.46	29.34	44.84
Diluted EPS Before Extra, 5 Yr. CAGR %	7.79	-45.38	9.34	5.81	9.17
Inventory, 5 Yr. CAGR %	2.41	104.62	104.62	93.52	160.93
Net Property, Plant and Equip., 5 Yr. CAGR %	112.89	146.87	145.08	133.66	165.37
Total Assets, 5 Yr. CAGR %	41.41	76.62	55.52	92.94	119.83
Tangible Book Value, 5 Yr. CAGR %	25.63	31.56	30.95	65.29	82.61
Common Equity, 5 Yr. CAGR %	25.63	31.56	30.95	65.29	82.61
Cash From Operations, 5 Yr. CAGR %	7.09	-5.09	46.26	22.47	41.84
Capital Expenditures, 5 Yr. CAGR %	428.87	362.58	130.24	118.26	213.32
Levered Free Cash Flow, 5 Yr. CAGR %	97.42	81.64	42.99	21.63	18.54
Unlevered Free Cash Flow, 5 Yr. CAGR %	97.4	81.24	49	27.05	10.95