Oriole Resources (LON:ORR) Stock Price Up 1.7% – Should You Buy?

Oriole Resources PLC (LON:ORRGet Free Report) shares rose 1.7% during trading on Wednesday . The company traded as high as GBX 0.39 ($0.01) and last traded at GBX 0.35 ($0.00). Approximately 16,104,510 shares traded hands during trading, a decline of 25% from the average daily volume of 21,429,447 shares. The stock had previously closed at GBX 0.35 ($0.00).

Oriole Resources Trading Up 15.9 %

The company has a debt-to-equity ratio of 0.03, a current ratio of 6.24 and a quick ratio of 1.50. The company has a fifty day moving average of GBX 0.31 and a 200-day moving average of GBX 0.32. The firm has a market capitalization of £15.60 million, a PE ratio of -1.40 and a beta of 1.39.

Oriole Resources Company Profile

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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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