Orca Exploration Group (CVE:ORC.B) Hits New 1-Year Low - Time to Sell?

Orca Exploration Group Inc (CVE:ORC.B - Get Free Report) shares hit a new 52-week low on Wednesday . The company traded as low as C$2.60 and last traded at C$2.90, with a volume of 61557 shares traded. The stock had previously closed at C$3.29.

Orca Exploration Group Stock Performance

The company has a debt-to-equity ratio of 40.57, a current ratio of 2.16 and a quick ratio of 1.80. The stock has a 50-day moving average price of C$3.05 and a 200-day moving average price of C$3.12. The company has a market capitalization of C$52.26 million, a price-to-earnings ratio of 14.50 and a beta of 0.26.

Orca Exploration Group Company Profile

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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