Oriole Resources (LON:ORR) Stock Price Down 19% – Here’s What Happened

Oriole Resources PLC (LON:ORRGet Free Report) shares were down 19% during trading on Monday . The company traded as low as GBX 0.16 ($0.00) and last traded at GBX 0.16 ($0.00). Approximately 8,780,048 shares traded hands during trading, a decline of 54% from the average daily volume of 19,064,639 shares. The stock had previously closed at GBX 0.20 ($0.00).

Oriole Resources Price Performance

The company has a fifty day simple moving average of GBX 0.20 and a 200-day simple moving average of GBX 0.26. The company has a market cap of £6.09 million, a P/E ratio of -16.58 and a beta of 1.39.

Oriole Resources (LON:ORRGet Free Report) last released its earnings results on Wednesday, April 2nd. The company reported GBX (0.01) ($0.00) 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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