Orca Exploration Group (CVE:ORC.B) Stock Price Crosses Above 50 Day Moving Average – Time to Sell?

Orca Exploration Group Inc (CVE:ORC.BGet Free Report)’s share price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$2.97 and traded as high as C$3.20. Orca Exploration Group shares last traded at C$3.20, with a volume of 3,700 shares.

Orca Exploration Group Price Performance

The stock has a market cap of C$57.66 million, a PE ratio of 16.00 and a beta of 0.26. The company has a debt-to-equity ratio of 40.57, a quick ratio of 1.80 and a current ratio of 2.16. The business has a 50 day moving average price of C$2.97 and a two-hundred day moving average price of C$3.17.

About Orca Exploration Group

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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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