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Orca Exploration Group (CVE:ORC.B) Stock Price Crosses Above Fifty Day Moving Average - What's Next?

Orca Exploration Group logo with Energy background

Shares of Orca Exploration Group Inc (CVE:ORC.B - Get Free Report) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$3.05 and traded as high as C$3.17. Orca Exploration Group shares last traded at C$3.17, with a volume of 200 shares.

Orca Exploration Group Stock Down 3.2%

The stock's 50-day moving average is C$3.05 and its 200-day moving average is C$3.03. The stock has a market cap of C$55.32 million, a P/E ratio of 15.35 and a beta of 0.26. The company has a current ratio of 2.16, a quick ratio of 1.80 and a debt-to-equity ratio of 40.57.

Orca Exploration Group Company Profile

(Get Free Report)

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.

Further Reading

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