Oriole Resources (LON:ORR) Shares Up 11.1% – Time to Buy?

Oriole Resources PLC (LON:ORRGet Free Report)’s share price was up 11.1% during mid-day trading on Monday . The stock traded as high as GBX 0.23 ($0.00) and last traded at GBX 0.23 ($0.00). Approximately 66,490,836 shares changed hands during mid-day trading, an increase of 163% from the average daily volume of 25,306,461 shares. The stock had previously closed at GBX 0.21 ($0.00).

Oriole Resources Price Performance

The stock has a 50-day simple moving average of GBX 0.26 and a 200 day simple moving average of GBX 0.29. The company has a current ratio of 6.24, a quick ratio of 1.50 and a debt-to-equity ratio of 0.03. The stock has a market capitalization of £9.36 million, a price-to-earnings ratio of -1.40 and a beta of 1.39.

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.

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