Oriole Resources (LON:ORR) Shares Down 10% – Time to Sell?

Oriole Resources PLC (LON:ORRGet Free Report)’s share price traded down 10% during trading on Tuesday . The company traded as low as GBX 0.29 ($0.00) and last traded at GBX 0.29 ($0.00). 26,612,253 shares were traded during mid-day trading, an increase of 29% from the average session volume of 20,639,652 shares. The stock had previously closed at GBX 0.32 ($0.00).

Oriole Resources Stock Down 4.0 %

The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.50 and a current ratio of 6.24. The stock has a market cap of £12.09 million, a price-to-earnings ratio of -1.40 and a beta of 1.39. The business’s 50 day moving average is GBX 0.33 and its 200 day moving average is GBX 0.32.

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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