Insider Selling: Oriole Resources (LON:ORR) Insider Sells 967,742 Shares of Stock

Key Points

  • Insider sale: Claire Bay sold 967,742 shares on March 18 at an average price of GBX 3, totaling £29,032.26.
  • Company and stock context: Oriole Resources is a small-cap gold and base-metals explorer (market cap £15.35M) operating in Turkey, East and West Africa, and its shares trade around GBX 0.32 with a 1-year range of GBX 0.15–0.64 and a negative P/E (-5.25).

Oriole Resources PLC (LON:ORR - Get Free Report) insider Claire Bay sold 967,742 shares of the stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of GBX 3, for a total transaction of £29,032.26.

Oriole Resources Stock Performance

Oriole Resources stock opened at GBX 0.32 on Thursday. Oriole Resources PLC has a 1 year low of GBX 0.15 and a 1 year high of GBX 0.64. The firm's 50-day moving average is GBX 0.34 and its 200-day moving average is GBX 0.32. The company has a market cap of £15.35 million, a P/E ratio of -5.25 and a beta of 1.63.

About Oriole Resources

(Get Free Report)

Oriole Resources PLC, together with its subsidiaries, engages in the exploration and development of gold and other base metals in Turkey, East Africa, and West Africa. It primarily holds 85% interest in the Dalafin project situated in Senegal. The company also has an option to earn a 90% interest in the Bibemi and Wapouzé projects located in Cameroon. The company was formerly known as Stratex International Plc and changed its name to Oriole Resources PLC in September 2018. Oriole Resources PLC was founded in 2004 and is based in London, the United Kingdom.

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