Orca Gold (CVE:ORG) Trading Down 4.6% – Here’s What Happened

Orca Gold Inc. (CVE:ORGGet Free Report) shares dropped 4.6% during mid-day trading on Thursday . The company traded as low as C$0.82 and last traded at C$0.83. Approximately 160,662 shares changed hands during trading, a decline of 70% from the average daily volume of 531,065 shares. The stock had previously closed at C$0.87.

Orca Gold Stock Down 4.6%

The company has a market cap of C$216.51 million and a P/E ratio of -11.53. The company has a 50-day simple moving average of C$0.83 and a 200 day simple moving average of C$0.83. The company has a current ratio of 2.94, a quick ratio of 2.80 and a debt-to-equity ratio of 1.10.

Orca Gold Company Profile

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Orca Gold Inc in the acquisition and exploration of mineral properties in Africa. It primarily explores for gold. The company principally owns a 70% interest in Block 14 Gold located in the Republic of Sudan. Orca Gold Inc was incorporated in 1987 and is headquartered in Vancouver, Canada.

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