Oriole Resources (LON:ORR) Shares Up 13% – What’s Next?

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

Oriole Resources Stock Up 2.3 %

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 firm’s 50-day moving average is GBX 0.31 and its 200 day moving average is GBX 0.32. The firm has a market capitalization of £13.77 million, a PE ratio of -1.40 and a beta of 1.39.

Oriole Resources Company Profile

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.