Oriole Resources (LON:ORR) Trading 4.3% Higher – Time to Buy?

Oriole Resources PLC (LON:ORRGet Free Report) shot up 4.3% during trading on Tuesday . The stock traded as high as GBX 0.29 ($0.00) and last traded at GBX 0.29 ($0.00). 14,300,352 shares traded hands during trading, a decline of 29% from the average session volume of 20,266,605 shares. The stock had previously closed at GBX 0.28 ($0.00).

Oriole Resources Stock Performance

The company’s 50-day moving average is GBX 0.33 and its two-hundred day moving average is GBX 0.32. The company has a market capitalization of £11.31 million, a P/E ratio of -1.40 and a beta of 1.39. The company has a quick ratio of 1.50, a current ratio of 6.24 and a debt-to-equity ratio of 0.03.

Oriole Resources Company Profile

(Get Free Report)

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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