Oriole Resources (LON:ORR) Shares Down 6.7% – What’s Next?

Shares of Oriole Resources PLC (LON:ORR) fell 6.7% during trading on Monday . The company traded as low as GBX 0.32 ($0.00) and last traded at GBX 0.34 ($0.00). 7,886,717 shares traded hands during trading, a decline of 63% from the average session volume of 21,122,270 shares. The stock had previously closed at GBX 0.36 ($0.00).

Oriole Resources Stock Down 11.1 %

The stock has a 50 day moving average price of GBX 0.32 and a 200 day moving average price of GBX 0.33. The stock has a market capitalization of £12.48 million, a price-to-earnings ratio of -1.40 and a beta of 1.39. The company has a quick ratio of 1.50, a current ratio of 6.24 and a debt-to-equity ratio of 0.03.

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.