Oriole Resources (LON:ORR) Trading Up 13.2%

Oriole Resources PLC (LON:ORRGet Free Report) shares were up 13.2% during mid-day trading on Friday . The company traded as high as GBX 0.30 ($0.00) and last traded at GBX 0.30 ($0.00). Approximately 12,859,852 shares were traded during trading, a decline of 49% from the average daily volume of 25,383,314 shares. The stock had previously closed at GBX 0.27 ($0.00).

Oriole Resources Price Performance

The company has a quick ratio of 1.50, a current ratio of 1.38 and a debt-to-equity ratio of 0.03. The business’s 50 day moving average price is GBX 0.30 and its 200-day moving average price is GBX 0.24. The company has a market cap of £11.70 million, a PE ratio of -1.40 and a beta of 1.59.

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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