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Oriole Resources Publishes New Greenwood Research on Mbe North Drilling Progress

Story Highlights
  • Oriole Resources highlighted a new Greenwood Capital research report on its Mbe North drilling.
  • Ongoing drilling, earn-ins and JV talks strengthen Oriole’s African gold exploration portfolio.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Oriole Resources Publishes New Greenwood Research on Mbe North Drilling Progress

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Oriole Resources PLC ( (GB:ORR) ) has issued an update.

Oriole Resources PLC announced that Greenwood Capital Partners has published a new commissioned research report on the company, titled “First holes at Mbe North hit home,” which is now available via Oriole’s website. The release underlines ongoing drilling and resource expansion efforts at key projects including Mbe and Bibemi in Cameroon and Senala in Senegal, where recent earn-ins by partners BCM and Managem’s subsidiary AGEM have brought significant third-party investment and advanced the projects towards potential joint ventures and future production, reinforcing Oriole’s position as a leveraged exploration play on West and Central African gold.

The most recent analyst rating on (GB:ORR) stock is a Hold with a £0.30 price target. To see the full list of analyst forecasts on Oriole Resources PLC stock, see the GB:ORR Stock Forecast page.

Spark’s Take on GB:ORR Stock

According to Spark, TipRanks’ AI Analyst, GB:ORR is a Neutral.

The score is primarily held back by weak operating fundamentals (no revenue) and ongoing cash burn, despite a strong low-debt balance sheet. Technical indicators are moderately supportive, while valuation is constrained by negative earnings and no dividend signal.

To see Spark’s full report on GB:ORR stock, click here.

More about Oriole Resources PLC

Oriole Resources PLC is an AIM-quoted gold exploration company focused on early-stage projects in West and Central Africa, particularly Cameroon. Its flagship Mbe project within the Central Licence Package hosts a JORC Inferred Mineral Resource Estimate of 870,000 ounces of gold at 1.09 g/t and an Exploration Target of 370,000 to 605,000 ounces at the MB01-N target, where a fully funded maiden drilling programme began in November 2025. The company also holds a 50% interest in the Bibemi project in Cameroon, with a reported 460,000-ounce JORC Resource at 2.06 g/t gold and an exploitation licence application submitted, as well as a minority interest in the Senala project in Senegal, where a partner has completed a six-year earn-in and drilling has defined 155,000 ounces of inferred resources plus a substantial exploration target. Oriole additionally maintains interests and royalties in projects in East Africa and Turkey that have potential to deliver future cash flows.

Average Trading Volume: 48,308,814

Technical Sentiment Signal: Buy

Current Market Cap: £15.01M

For an in-depth examination of ORR stock, go to TipRanks’ Overview page.

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