Oriole Resources (LON:ORR) Shares Down 25.7% – Should You Sell?

Oriole Resources PLC (LON:ORRGet Free Report)’s share price was down 25.7% during trading on Monday . The company traded as low as GBX 0.19 ($0.00) and last traded at GBX 0.21 ($0.00). Approximately 45,048,523 shares traded hands during mid-day trading, an increase of 153% from the average daily volume of 17,773,559 shares. The stock had previously closed at GBX 0.28 ($0.00).

Oriole Resources Stock Down 4.6 %

The firm has a 50-day moving average of GBX 0.26 and a two-hundred day moving average of GBX 0.30. The firm has a market cap of £8.85 million, a price-to-earnings ratio of -1.40 and a beta of 1.39. The company has a current ratio of 6.24, a quick ratio of 1.50 and a debt-to-equity ratio of 0.03.

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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