Oriole Resources (LON:ORR) Trading 5.8% Higher – Time to Buy?

Oriole Resources PLC (LON:ORRGet Free Report)’s share price traded up 5.8% during mid-day trading on Monday . The stock traded as high as GBX 0.33 and last traded at GBX 0.33. 60,194,137 shares were traded during trading, an increase of 65% from the average session volume of 36,503,754 shares. The stock had previously closed at GBX 0.31.

Oriole Resources Trading Up 6.1%

The company has a market capitalization of £15.77 million, a price-to-earnings ratio of -5.52 and a beta of 1.39. The company’s 50 day simple moving average is GBX 0.28 and its 200-day simple moving average is GBX 0.27.

Oriole Resources (LON:ORRGet Free Report) last announced its quarterly earnings data on Tuesday, September 23rd. The company reported GBX (0.02) earnings per share (EPS) for the quarter.

Oriole Resources Company Profile

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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.

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