Orca Exploration Group (CVE:ORC.B) Hits New 52-Week High at $6.49

Orca Exploration Group Inc (CVE:ORC.B)’s share price hit a new 52-week high on Thursday . The stock traded as high as C$6.49 and last traded at C$6.49, with a volume of 15533 shares changing hands. The stock had previously closed at C$6.25.

The firm has a 50 day moving average price of C$6.17 and a two-hundred day moving average price of C$5.49. The company has a quick ratio of 2.34, a current ratio of 2.35 and a debt-to-equity ratio of 61.58. The company has a market capitalization of $207.64 million and a price-to-earnings ratio of 10.92.

Orca Exploration Group Company Profile (CVE:ORC.B)

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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