Orca Exploration Group (CVE:ORC.B) Stock Price Down 1.3%

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Orca Exploration Group Inc (CVE:ORC.B) traded down 1.3% during trading on Tuesday . The company traded as low as C$6.30 and last traded at C$6.30, 3,834 shares changed hands during trading. An increase of 7% from the average session volume of 3,595 shares. The stock had previously closed at C$6.38.

The company has a market cap of $210.99 million and a P/E ratio of 14.89. The business’s 50 day simple moving average is C$6.47 and its 200 day simple moving average is C$5.87. The company has a current ratio of 2.59, a quick ratio of 2.58 and a debt-to-equity ratio of 58.59.

Orca Exploration Group Company Profile (CVE:ORC.B)

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.

See Also: Cost of equity and a company’s balance sheet

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