Oriole Resources (LON:ORR) Releases Quarterly Earnings Results

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

Oriole Resources Trading Up 3.9%

Shares of ORR stock opened at GBX 0.35 on Wednesday. The business’s 50 day moving average is GBX 0.32 and its two-hundred day 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 company has a market capitalization of £17.05 million, a P/E ratio of -5.83 and a beta of 1.63.

Insider Buying and Selling at Oriole Resources

In other Oriole Resources news, insider Claire Bay sold 967,742 shares of Oriole Resources stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of GBX 3, for a total value 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.