Orca Exploration Group (CVE:ORC.B) Stock Price Crosses Above 50 Day Moving Average – Should You Sell?

Orca Exploration Group Inc (CVE:ORC.BGet Free Report)’s stock price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$3.02 and traded as high as C$3.19. Orca Exploration Group shares last traded at C$3.19, with a volume of 945 shares trading hands.

Orca Exploration Group Trading Up 9.2 %

The stock has a market capitalization of C$57.48 million, a PE ratio of 15.95 and a beta of 0.26. The company has a current ratio of 2.16, a quick ratio of 1.80 and a debt-to-equity ratio of 40.57. The business’s 50-day moving average is C$3.02 and its two-hundred day moving average is C$3.02.

Orca Exploration Group Company Profile

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Orca Exploration Group Inc explores for, develops, produces, and sells petroleum and natural gas to the power and industrial sectors in Tanzania. The company principally holds interests in the Songo Songo natural gas field that includes two blocks covering an area of approximately 41,630 acres located to the south of Dar Es Salaam.

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