Orca Exploration Group (CVE:ORC.B) Sets New 1-Year High – Here’s What Happened

Orca Exploration Group Inc (CVE:ORC.BGet Free Report) shares hit a new 52-week high during mid-day trading on Thursday . The company traded as high as C$4.75 and last traded at C$4.75, with a volume of 11600 shares. The stock had previously closed at C$4.74.

Orca Exploration Group Stock Performance

The company has a current ratio of 2.16, a quick ratio of 1.80 and a debt-to-equity ratio of 40.57. The stock has a market cap of C$93.88 million, a price-to-earnings ratio of 5.79 and a beta of 0.28. The stock’s 50 day moving average is C$3.75 and its two-hundred day moving average is C$3.59.

About Orca Exploration Group

(Get Free Report)

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. It also holds oil and gas exploration and appraisal interests in Italy. The company was formerly known as EastCoast Energy Corporation and changed its name to Orca Exploration Group Inc in April 2007.

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