Orca Exploration Group Inc (CVE:ORC.B – Get Free Report) shares reached a new 52-week low during mid-day trading on Friday . The stock traded as low as C$2.65 and last traded at C$2.65, with a volume of 3800 shares trading hands. The stock had previously closed at C$2.69.
Orca Exploration Group Stock Performance
The business’s fifty day moving average price is C$2.96 and its 200-day moving average price is C$3.44. The stock has a market cap of C$52.47 million, a PE ratio of 4.27 and a beta of 0.87. The company has a debt-to-equity ratio of 40.57, a quick ratio of 1.80 and a current ratio of 2.16.
About Orca Exploration Group
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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