Oriole Resources (LON:ORR) Announces Quarterly Earnings Results

Oriole Resources (LON:ORR) posted its quarterly earnings results on Tuesday. The company reported GBX (0.02) earnings per share (EPS) for the quarter, Digital Look Earnings reports.

Oriole Resources Stock Performance

Shares of Oriole Resources stock opened at GBX 0.36 on Tuesday. The firm’s 50-day simple moving average is GBX 0.32 and its 200-day simple moving average is GBX 0.30. Oriole Resources has a twelve month low of GBX 0.17 and a twelve month high of GBX 0.64. The firm has a market cap of £17.44 million, a P/E ratio of -5.97 and a beta of 1.63.

Insider Buying and Selling at Oriole Resources

In other news, insider Claire Bay sold 967,742 shares of Oriole Resources stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of GBX 3, for a total transaction of £29,032.26. Company insiders own 8.18% of the company’s stock.

About Oriole Resources

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. The company was formerly known as Stratex International Plc and changed its name to Oriole Resources PLC in September 2018. Oriole Resources PLC was founded in 2004 and is based in London, the United Kingdom.