Oriole Resources (LON:ORR) Stock Price Down 25.7% – Here’s Why

Shares of Oriole Resources PLC (LON:ORRGet Free Report) traded down 25.7% during trading on Monday . The stock traded as low as GBX 0.19 ($0.00) and last traded at GBX 0.21 ($0.00). 45,048,523 shares changed hands during mid-day trading, an increase of 153% from the average session volume of 17,773,559 shares. The stock had previously closed at GBX 0.28 ($0.00).

Oriole Resources Price Performance

The firm has a market capitalization of £8.11 million, a P/E ratio of -1.40 and a beta of 1.39. The company has a fifty day moving average of GBX 0.27 and a 200 day moving average of GBX 0.30. The company has a debt-to-equity ratio of 0.03, a current ratio of 6.24 and a quick ratio of 1.50.

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.

Further Reading

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