Oriole Resources (LON:ORR) Trading 4.5% Higher – Here’s Why

Oriole Resources PLC (LON:ORRGet Free Report)’s stock price traded up 4.5% on Monday . The company traded as high as GBX 0.24 ($0.00) and last traded at GBX 0.23 ($0.00). 40,245,977 shares traded hands during trading, an increase of 102% from the average session volume of 19,901,885 shares. The stock had previously closed at GBX 0.22 ($0.00).

Oriole Resources Price Performance

The firm has a market cap of £8.97 million, a PE ratio of -1.40 and a beta of 1.39. The stock’s fifty day moving average price is GBX 0.28 and its 200-day moving average price is GBX 0.30. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.50 and a current ratio of 6.24.

About Oriole Resources

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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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