Orca Gold (CVE:ORG) Stock Price Down 4.6% – Time to Sell?

Orca Gold Inc. (CVE:ORGGet Free Report)’s share price dropped 4.6% on Monday . The company traded as low as C$0.82 and last traded at C$0.83. Approximately 160,662 shares changed 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 stock has a market capitalization of C$216.51 million and a P/E ratio of -11.53. The business’s 50 day simple moving average is C$0.83 and its two-hundred day simple moving average is C$0.83. The company has a quick ratio of 2.80, a current ratio of 2.94 and a debt-to-equity ratio of 1.10.

About Orca Gold

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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.

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