Orca Exploration Group Inc (CVE:ORC.B – Get Free Report) shares dropped 4% during trading on Thursday . The stock traded as low as C$2.88 and last traded at C$2.88. Approximately 2,400 shares changed hands during mid-day trading, a decline of 54% from the average daily volume of 5,245 shares. The stock had previously closed at C$3.00.
Orca Exploration Group Price Performance
The company has a debt-to-equity ratio of 40.57, a current ratio of 2.16 and a quick ratio of 1.80. The firm has a market cap of C$51.90 million, a price-to-earnings ratio of 14.40 and a beta of 0.26. The stock’s fifty day moving average price is C$2.92 and its 200-day moving average price is C$3.32.
Orca Exploration Group Company Profile
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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