Oriole Resources (LON:ORR) Trading Up 16.4%

Oriole Resources PLC (LON:ORRGet Free Report) rose 16.4% on Wednesday . The company traded as high as GBX 0.37 ($0.00) and last traded at GBX 0.37 ($0.00). Approximately 41,541,465 shares were traded during trading, an increase of 90% from the average daily volume of 21,900,004 shares. The stock had previously closed at GBX 0.32 ($0.00).

Oriole Resources Stock Performance

The company has a fifty day moving average of GBX 0.30 and a two-hundred day moving average of GBX 0.31. The firm has a market capitalization of £12.75 million, a price-to-earnings ratio of -1.40 and a beta of 1.39. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.50 and a current ratio of 1.38.

About Oriole Resources

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Oriole Resources PLC, together with its subsidiaries, engages in the exploration and development of gold and other base metals in Turkey, East Africa, and West Africa. It primarily holds 85% interest in the Dalafin project situated in Senegal. The company also has an option to earn a 90% interest in the Bibemi and Wapouzé projects located in Cameroon.

Further Reading

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