Oriole Resources (LON:ORR) Trading Up 13% – Time to Buy?

Shares of Oriole Resources PLC (LON:ORRGet Free Report) traded up 13% on Tuesday . The stock traded as high as GBX 0.40 ($0.01) and last traded at GBX 0.40 ($0.01). 8,620,652 shares traded hands during mid-day trading, a decline of 60% from the average session volume of 21,326,447 shares. The stock had previously closed at GBX 0.35 ($0.00).

Oriole Resources Stock Performance

The company has a market capitalization of £13.77 million, a PE ratio of -1.40 and a beta of 1.39. The stock’s fifty day simple moving average is GBX 0.31 and its 200-day simple moving average is GBX 0.32. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.50 and a current ratio of 6.24.

Oriole Resources Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for Oriole Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oriole Resources and related companies with MarketBeat.com's FREE daily email newsletter.