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

Orca Gold Inc. (CVE:ORGGet Free Report) dropped 4.6% during mid-day trading on Tuesday . The stock 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 session volume of 531,065 shares. The stock had previously closed at C$0.87.

Orca Gold Price Performance

The company’s 50 day moving average price is C$0.83 and its 200-day moving average price is C$0.83. The stock has a market cap of C$216.51 million and a P/E ratio of -11.53. The company has a quick ratio of 2.80, a current ratio of 2.94 and a debt-to-equity ratio of 1.10.

Orca Gold Company Profile

(Get Free Report)

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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