Oriole Resources (LON:ORR) Trading 2.9% Higher

Oriole Resources PLC (LON:ORR)’s stock price shot up 2.9% during trading on Tuesday . The company traded as high as GBX 0.38 ($0.00) and last traded at GBX 0.36 ($0.00). 16,894,121 shares changed hands during mid-day trading, a decline of 35% from the average session volume of 25,832,889 shares. The stock had previously closed at GBX 0.35 ($0.00).

Oriole Resources Stock Performance

The company’s 50-day moving average price is GBX 0.31 and its two-hundred day moving average price is GBX 0.22. The company has a market capitalization of £14.82 million, a price-to-earnings ratio of -1.40 and a beta of 1.59. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.38 and a quick ratio of 1.50.

Oriole Resources Company Profile

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.