The stock of Oracle Coalfields Plc (LON:ORCP) is a huge mover today! The stock increased 0.36% or GBX 0.01 on November 30, hitting GBX 2.76. About 1.27M shares traded hands or 171.91% up from the average. Oracle Coalfields Plc (LON:ORCP) has risen 12.24% since May 2, 2016 and is uptrending. It has outperformed by 7.02% the S&P500.
The move comes after 5 months positive chart setup for the GBX 25.43 million company. It was reported on Nov, 30 by Barchart.com. We have GBX 2.95 PT which if reached, will make LON:ORCP worth GBX 1.78 million more.
Another recent and important Oracle Coalfields Plc (LON:ORCP) news was published by Law360.com which published an article titled: “Oracle Coalfields Inks $1.3B Deal For Pakistan Coal Project” on September 25, 2014.
Oracle Coalfields PLC is a United Kingdom firm involved in the exploration for and development of coal in Pakistan. The company has a market cap of 25.43 million GBP. The Firm is principally engaged in the development of lignite coal resources in Block VI in the Thar desert, in the Sindh province in Pakistan, through an open-pit mine supplying a mine-mouth power plant. It currently has negative earnings. The Thar Coalfield is located approximately 380 kilometers from Karachi.
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