Oriole Resources PLC (LON:ORR – Get Free Report)’s share price dropped 10% during mid-day trading on Tuesday . The company traded as low as GBX 0.29 ($0.00) and last traded at GBX 0.29 ($0.00). Approximately 26,612,253 shares traded hands during trading, an increase of 29% from the average daily volume of 20,639,652 shares. The stock had previously closed at GBX 0.32 ($0.00).
Oriole Resources Trading Down 10.0 %
The business has a 50-day moving average of GBX 0.33 and a 200-day moving average of GBX 0.32. The company has a quick ratio of 1.50, a current ratio of 6.24 and a debt-to-equity ratio of 0.03. The stock has a market cap of £11.23 million, a price-to-earnings ratio of -1.40 and a beta of 1.39.
About Oriole Resources
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.
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