Orca Exploration Group Inc (CVE:ORC.B – Get Free Report)’s stock price dropped 4% during mid-day trading on Thursday . The company traded as low as C$2.88 and last traded at C$2.88. Approximately 2,400 shares changed hands during trading, a decline of 54% from the average daily volume of 5,245 shares. The stock had previously closed at C$3.00.
Orca Exploration Group Price Performance
The stock has a market cap of C$51.90 million, a PE ratio of 14.40 and a beta of 0.26. The company’s 50 day moving average is C$2.93 and its 200-day moving average is C$3.33. The company has a current ratio of 2.16, a quick ratio of 1.80 and a debt-to-equity ratio of 40.57.
Orca Exploration Group Company Profile
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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