Oriole Resources (LON:ORR) Shares Up 11.1%

Oriole Resources PLC (LON:ORR) shares shot up 11.1% during mid-day trading on Friday . The company traded as high as GBX 0.30 ($0.00) and last traded at GBX 0.30 ($0.00). 11,856,741 shares changed hands during mid-day trading, a decline of 46% from the average session volume of 21,930,219 shares. The stock had previously closed at GBX 0.27 ($0.00).

Oriole Resources Trading Up 6.3 %

The company has a market capitalization of £11.19 million, a P/E ratio of -1.40 and a beta of 1.42. The company has a 50-day simple moving average of GBX 0.30 and a 200 day simple moving average of GBX 0.31. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.50 and a current ratio of 1.38.

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.