Orca Gold (CVE:ORG) Stock Price Down 4.6% – Should You Sell?

Orca Gold Inc. (CVE:ORGGet Free Report) shares dropped 4.6% on Tuesday . The company traded as low as C$0.82 and last traded at C$0.83. Approximately 160,660 shares traded hands during mid-day trading, a decline of 70% from the average daily volume of 531,065 shares. The stock had previously closed at C$0.87.

Orca Gold Price Performance

The company has a market cap of C$216.51 million and a price-to-earnings ratio of -11.53. The company has a 50-day simple moving average of C$0.83 and a 200-day simple moving average of C$0.83. The company has a debt-to-equity ratio of 1.10, a quick ratio of 2.80 and a current ratio of 2.94.

Orca Gold Company Profile

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Orca Gold Inc in the acquisition and exploration of mineral properties in Africa. It primarily explores for gold. The company principally owns a 70% interest in Block 14 Gold located in the Republic of Sudan. Orca Gold Inc was incorporated in 1987 and is headquartered in Vancouver, Canada.

Further Reading

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