Oracle Power (LON:ORCP) Posts Earnings Results

Oracle Power (LON:ORCP) announced its quarterly earnings results on Tuesday. The company reported GBX (0.08) ($0.00) earnings per share (EPS) for the quarter, Digital Look Earnings reports.

Shares of LON:ORCP traded up GBX 0.05 ($0.00) on Tuesday, reaching GBX 1.15 ($0.01). The company had a trading volume of 33,658,306 shares, compared to its average volume of 318,565. Oracle Power has a 52-week low of GBX 0.13 ($0.00) and a 52-week high of GBX 1.80 ($0.02). The firm’s 50 day simple moving average is GBX 0.72 and its 200-day simple moving average is GBX 0.80. The firm has a market capitalization of $11.68 million and a PE ratio of -11.50.

About Oracle Power

Oracle Power PLC engages in the exploration and development of coal in Pakistan. The company also builds a mine-mouth power station. It primarily holds interests in the Thar Coalfield Block VI license area that covers an area of approximately 9,100 square kilometers located in the Sindh Province, southern Pakistan.

Further Reading: What are economic reports?

Receive News & Ratings for Oracle Power Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oracle Power and related companies with's FREE daily email newsletter.