Oriole Resources (LON:ORR) Trading Down 4.4% – Time to Sell?

Oriole Resources PLC (LON:ORRGet Free Report)’s share price dropped 4.4% on Monday . The company traded as low as GBX 0.24 ($0.00) and last traded at GBX 0.24 ($0.00). Approximately 8,666,816 shares traded hands during trading, a decline of 56% from the average daily volume of 19,782,607 shares. The stock had previously closed at GBX 0.25 ($0.00).

Oriole Resources Trading Down 4.4 %

The firm has a fifty day moving average of GBX 0.30 and a 200-day moving average of GBX 0.31. The stock has a market capitalization of £9.36 million, a price-to-earnings ratio of -1.40 and a beta of 1.39. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.50 and a current ratio of 6.24.

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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