Shore Capital reiterated their not rated rating on shares of Ormonde Mining (LON:ORM) in a research report sent to investors on Wednesday, Digital Look reports.

Shares of ORM opened at GBX 2.80 ($0.04) on Wednesday. The company has a market capitalization of $13.23 million and a price-to-earnings ratio of -28.00. Ormonde Mining has a twelve month low of GBX 2.80 ($0.04) and a twelve month high of GBX 6.26 ($0.08).

Ormonde Mining Company Profile

Ormonde Mining plc engages in the acquisition, exploration, and development of mineral resource projects in Spain. The company holds a 30% interest in the Barruecopardo tungsten project located in the Salamanca province in western Spain. It also has 100% interest in the La Zarza project, a sulphide deposit with copper, zinc, and gold resources in the Iberian Pyrite Belt mining district in southwest Spain, as well as carries out gold exploration in the Salamanca and Zamora provinces in Spain.

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