Oriole Resources PLC (LON:ORR – Get Free Report) dropped 2.7% during mid-day trading on Tuesday . The stock traded as low as GBX 0.31 and last traded at GBX 0.33. 34,020,000 shares changed hands during mid-day trading, an increase of 41% from the average daily volume of 24,164,008 shares. The stock had previously closed at GBX 0.34.
Oriole Resources Price Performance
The firm has a market cap of £15.96 million, a PE ratio of -16.30 and a beta of 1.56. The company has a 50-day simple moving average of GBX 0.36 and a 200-day simple moving average of GBX 0.34.
Oriole Resources Company Profile
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. The company was formerly known as Stratex International Plc and changed its name to Oriole Resources PLC in September 2018. Oriole Resources PLC was founded in 2004 and is based in London, the United Kingdom.
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