)
Visual24 Oct 2025
The rise of Alphabet
Orezone Gold (ORE) investor relations material
Orezone Gold Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary13 Aug, 2025
Executive summary
Gold production reached 27,548 ounces in Q2-2025, with sales of 28,265 ounces at an average price of $3,338/oz, generating $94.5M in revenue.
All-in sustaining costs were $1,830/oz, impacted by royalties, grid power issues, and FX, but operations remained within budget.
Liquidity at quarter-end was $103.9M, supported by $72.6M cash, $31.3M undrawn debt, and a successful $75M AUD IPO.
Hard Rock expansion is on schedule, with Stage 1 commissioning set for Q4 2025 and Stage 2 construction approved, targeting 220,000–250,000 ounces annually by Q4 2026.
Exploration drilling extended mineralization, with a resource update expected in Q1 2026 and long-term target of 7–10M oz.
Financial highlights
Revenue rose to $94.5M in Q2-2025, with earnings from mine operations of $40M, adjusted EBITDA $45.5M, and adjusted net earnings $20.6M.
Adjusted EPS was $0.04; gold sales remain unhedged.
Operating cash flow before working capital was $27.0M; free cash flow was negative $27.2M due to heavy investment.
Net earnings attributable to shareholders were $15.9M in Q2-2025, up 79% year-over-year.
Cash at quarter-end was $72.6M, with total available liquidity of $103.9M.
Outlook and guidance
On track to achieve 2025 gold production guidance of 115,000–130,000 ounces.
Stage 1 Hard Rock expansion to increase production to 170,000–185,000 ounces by end of 2025/2026.
Stage 2 expansion, now accelerated, targets 220,000–250,000 ounces annually starting in Q4 2026.
Ongoing exploration aims to grow resource base from 5M oz to a targeted 7–10M oz long-term.
Updated mineral resource estimate expected in Q1 2026.
Assess risk to AISC guidance given external factors.
Discuss government negotiations beyond free carry.
When to expect mineral resource update from drilling?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Orezone Gold earnings date
Q3 20255 Nov, 2025
Next Orezone Gold earnings date
Q3 20255 Nov, 2025
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Orezone Gold Corporation is a Canada-based gold mining company primarily engaged in the exploration, development, and operation of gold properties. The company's flagship project is the Bomboré Gold Mine located in Burkina Faso, West Africa. This project is notable for its open-pit mining operations, focusing on the near-surface free-dig oxides. Orezone aims to process these oxides at an annual throughput, capitalizing on the mine's potential to produce gold efficiently and sustainably. The company's activities span the entire mining lifecycle, from exploration and evaluation to development and operation. It is headquartered in Vancouver, Canada, and its shares are listed on the TSX and OTCQX.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage