Ora Banda Mining (ASX:OBM) Trading Down 5.6%

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Ora Banda Mining Limited (ASX:OBM) shares were down 5.6% during trading on Tuesday . The company traded as low as A$0.17 ($0.12) and last traded at A$0.17 ($0.12), approximately 693,297 shares were traded during trading. The stock had previously closed at A$0.18 ($0.13).

The business’s 50-day moving average is A$0.18. The company has a market capitalization of $92.48 million and a PE ratio of 1.59.

About Ora Banda Mining (ASX:OBM)

Ora Banda Mining Limited operates as a gold exploration, evaluation, and development company primarily in Australia. It also explores for nickel and copper deposits. The company owns 100% interest in the Davyhurst and the Mt Ida gold projects, which are located to the northwest of Kalgoorlie. It also holds interests in the Siberia, Golden Eagle, Riverina, Callion, Waihi, and Lady Ida projects.

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