Orca Exploration Group (CVE:ORC.B) Sets New 52-Week Low at $4.05

Orca Exploration Group Inc (CVE:ORC.BGet Free Report) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as C$4.05 and last traded at C$4.09, with a volume of 6300 shares trading hands. The stock had previously closed at C$4.24.

Orca Exploration Group Stock Down 5.8 %

The business’s fifty day moving average price is C$4.20 and its 200 day moving average price is C$4.48. The company has a quick ratio of 1.80, a current ratio of 2.00 and a debt-to-equity ratio of 49.54. The firm has a market capitalization of C$73.99 million, a PE ratio of 6.38 and a beta of 0.27.

About Orca Exploration Group

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Orca Exploration Group Inc explores for, develops, produces, and sells petroleum and natural gas to the power and industrial sectors in Tanzania. The company principally holds interests in the Songo Songo natural gas field that includes two blocks covering an area of approximately 41,630 acres located to the south of Dar Es Salaam.

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