Orca Exploration Group (CVE:ORC.B) Sets New 52-Week Low – What’s Next?

Orca Exploration Group Inc (CVE:ORC.BGet Free Report) reached a new 52-week low during mid-day trading on Monday . The stock traded as low as C$2.65 and last traded at C$2.65, with a volume of 5714 shares changing hands. The stock had previously closed at C$2.72.

Orca Exploration Group Stock Performance

The company has a fifty day moving average of C$3.04 and a 200-day moving average of C$3.48. The company has a current ratio of 2.16, a quick ratio of 1.80 and a debt-to-equity ratio of 40.57. The company has a market capitalization of C$47.93 million, a price-to-earnings ratio of 13.30 and a beta of 0.26.

Orca Exploration Group Company Profile

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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.

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