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Oriole Resources PLC
(LSE:ORR)
Oriole Resources PLC (ORR) vs. iShares MSCI United Kingdom ETF (EWC)
Oriole Resources PLC Business Overview & Revenue Model
Oriole Resources PLC Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -7.00K | -4.00K | -7.00K | -8.00K | -9.00K | -8.00K |
| EBITDA | -2.00M | -285.00K | -2.42M | -515.00K | -1.57M | -391.00K |
| Net Income | -1.99M | -225.00K | -2.22M | -1.57M | -1.57M | -320.00K |
Balance Sheet | ||||||
| Total Assets | 15.41M | 14.65M | 12.01M | 12.13M | 13.16M | 11.97M |
| Cash, Cash Equivalents and Short-Term Investments | 525.00K | 1.32M | 707.00K | 507.00K | 1.36M | 1.75M |
| Total Debt | 0.00 | 0.00 | 0.00 | 4.00K | 7.00K | 12.00K |
| Total Liabilities | 4.20M | 2.77M | 607.00K | 248.00K | 567.00K | 287.00K |
| Stockholders Equity | 11.21M | 11.92M | 11.69M | 12.12M | 12.73M | 11.93M |
Cash Flow | ||||||
| Free Cash Flow | -1.34M | -4.18M | -854.00K | -2.16M | -2.87M | -1.12M |
| Operating Cash Flow | -1.34M | -1.44M | -525.00K | -1.30M | -1.07M | -927.00K |
| Investing Cash Flow | 111.00K | 881.00K | -171.00K | -444.00K | -1.75M | 147.00K |
| Financing Cash Flow | 909.00K | 1.15M | 303.00K | 895.00K | 2.43M | 2.37M |
Oriole Resources PLC Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
54 Neutral | £15.48M | -6.50 | -16.46% | ― | ― | ― | |
51 Neutral | £28.71M | -7.14 | -14.14% | ― | ― | ― | |
49 Neutral | £4.27M | -0.90 | -47.73% | ― | 93.10% | -150.00% | |
49 Neutral | £4.96M | -1.42 | -91.05% | ― | ― | ― | |
46 Neutral | £7.12M | -1.47 | -86.67% | ― | ― | ― |
Oriole Resources PLC Corporate Events
Oriole Resources PLC, the AIM-quoted gold explorer active in West and Central Africa, is advancing a portfolio centred on early-stage exploration in Cameroon and Senegal, including substantial JORC-compliant resources and exploration targets at its Mbe, Bibemi and Senala projects, with partners such as BCM International and Managem Group funding significant exploration spend in return for project interests. The company has reported that its fully funded maiden drilling campaign at the MB01-N gold prospect within the Mbe project in Cameroon has passed 30% of the planned 2,950 metres, aiming to convert the existing Exploration Target into a formal resource, with initial assay results expected in the New Year, underscoring steady operational progress that could further de-risk and enhance the value of its flagship asset for shareholders and joint-venture partners.
Oriole Resources PLC has reported director dealings involving Chief Financial Officer Robert Smeeton and Executive Director of Exploration Claire Bay, who executed Bed and ISA transactions on 18 December 2025, each selling and then immediately repurchasing several million shares at 0.28 pence to move holdings into tax-efficient Individual Savings Accounts. Following these trades, Smeeton’s beneficial ownership stands at 47,002,118 shares, or 0.99% of the company’s issued share capital, while Bay now holds 16,298,491 shares, or 0.34%, signalling portfolio reorganisation rather than a directional change in insider exposure as the group advances its core gold exploration projects in Cameroon and Senegal with multiple partners in place.
Oriole Resources PLC has announced director dealings involving Chief Financial Officer Robert Smeeton and Executive Director of Exploration Claire Bay, who executed Bed and ISA transactions on 18 December 2025. Smeeton sold 5.36 million shares and repurchased 5.35 million shares at 0.28 pence each into his Individual Savings Account, leaving him with a beneficial holding of 47.0 million shares, or 0.99% of the company’s issued capital, while Bay sold 3.57 million shares and repurchased 3.57 million shares at the same price, resulting in a beneficial holding of 16.3 million shares, or 0.34% of the company. The transactions are administrative in nature, aimed at tax-efficient holding rather than altering their economic exposure to the company, and underscore continued insider participation as Oriole advances its portfolio of gold exploration assets in Cameroon and Senegal in partnership with larger industry players.
Oriole Resources PLC has submitted an amended technical report to the Cameroon Ministry of Mines to expedite the Exploitation Licence Application for its Bibemi Gold Project. The Preliminary Economic Assessment (PEA) highlights a potential open pit mine scenario with a seven-year life of mine, producing 72,000 ounces of gold. The project shows promising economic potential with an estimated initial capital expenditure of $60.4 million and a payback period of four years. The company is in negotiations with the Cameroon government to finalize tax and customs regimes, aiming for a licence by mid-2026. The project also holds significant expansion potential, with less than 20% of the total gold resources included in the current PEA, indicating opportunities for future growth and increased production.
Oriole Resources PLC has announced an update on its total voting rights following the issuance of new ordinary shares. The company’s issued share capital now consists of 4,764,342,801 ordinary shares, each with one voting right. This update allows shareholders to calculate their interests in the company under the Financial Conduct Authority’s rules. The announcement reflects Oriole Resources’ ongoing efforts to manage its capital structure and maintain transparency with its stakeholders.
Oriole Resources PLC has announced the receipt of the first US$300,000 tranche from BCM International as part of a Completion Agreement, granting BCM a 50% interest in the Bibemi gold project. This development marks a significant step in Oriole’s collaboration with BCM, as they work towards formalizing a joint venture agreement and advancing the project, including negotiations for an exploitation licence with the Cameroon Government. The agreement also includes financial commitments from BCM for exploration expenditures and drilling costs, which are expected to enhance Oriole’s operational capabilities and strengthen its position in the gold exploration industry.
Oriole Resources PLC has commenced a fully funded 2,950-meter diamond drilling program at the MB01-N target of its Mbe gold project in Cameroon. This initiative follows the successful maiden drilling at the MB01-S deposit, which resulted in a JORC Inferred Mineral Resource of 870,000 ounces of gold. The new drilling program aims to convert the existing exploration target at MB01-N into JORC Resources, potentially adding 370,000 to 605,000 ounces of gold. The completion of this program is expected by late Q1 2026, and upon completion, BCM International will acquire a 50% interest in the Mbe license, enhancing the project’s resource potential and strategic importance.
Oriole Resources PLC has received approval for its Environmental and Social Impact Assessment (ESIA) for the Bibemi gold project in Cameroon, a crucial step towards securing an Exploitation Licence Application (ELA). This approval from Cameroon’s Ministry of Environment is expected to expedite the ELA process, with a targeted completion by Q2 2026. The approval marks a significant milestone for Oriole Resources, enhancing its operational progress and positioning in the gold exploration industry. The company plans to submit an updated technical report to further accelerate the ELA process and provide updates on the preliminary economic assessment and supporting technical studies.
Oriole Resources PLC has successfully raised approximately £2.03 million through its WRAP Retail Offer and previous Placing and Subscription, issuing a total of 846,640,463 new Ordinary Shares. This fundraising effort is expected to enhance the company’s financial position and support its ongoing exploration activities in Africa, potentially strengthening its market presence and offering new opportunities for stakeholders.
Oriole Resources PLC has announced a retail offer via the Winterflood Retail Access Platform to raise up to £200,000 through the issuance of new ordinary shares. This initiative is part of a broader strategy that includes a conditional raising of approximately £1.8 million through a separate placing of new shares. The proceeds from these offerings are intended to bolster the company’s working capital, with the retail offer specifically targeting existing shareholders in the UK. The completion of these financial activities is contingent upon the admission of new shares to trading on AIM, expected to commence on 28 November 2025.
Oriole Resources PLC has announced a conditional fundraising of £1.8 million through the issuance of 750 million new ordinary shares at 0.24 pence each, with an additional retail offer aiming to raise up to £0.2 million. The proceeds will be used to advance the company’s exploration projects in Cameroon, including a step-out drilling program at the MB01-S deposit and technical studies at the Bibemi project. The involvement of RAB Capital Group as a significant shareholder and the issuance of warrants to participants in the placing and offer highlight the company’s strategic efforts to enhance its financial health and operational capabilities. This funding is expected to bolster Oriole’s exploration activities and potentially lead to a significant market valuation rerating based on anticipated successful progress.
Oriole Resources PLC has signed a Completion Agreement with BCM International for its Bibemi and Mbe gold projects in Cameroon, which includes a fully funded 2,950-meter maiden diamond drilling program at the MB01-N target. This agreement will see BCM pay Oriole $900,000 in installments and contribute $300,000 towards drilling costs, allowing BCM to earn a 50% interest in both projects. The drilling program aims to convert existing exploration targets into JORC resources, potentially increasing the gold resource base and supporting Oriole’s strategic growth in the region.
Oriole Resources PLC has released an updated investor presentation reflecting the maiden Mineral Resource Estimate for the MB01-S zone at its Mbe project in Cameroon. The company is actively engaged in partnerships and investments to enhance its gold exploration projects, including a joint venture discussion for the Senala project in Senegal. These developments are poised to strengthen Oriole’s position in the gold exploration industry and provide potential growth opportunities for stakeholders.
Oriole Resources PLC announced its participation in the MelloLondon investor event on 19 November 2025. The company continues to advance its exploration projects in Africa, with significant progress at its Mbe and Bibemi projects in Cameroon, and the Senala project in Senegal. These developments position Oriole Resources as a key player in the gold exploration sector in Africa, with potential joint ventures and investments enhancing its growth prospects.
Oriole Resources PLC has announced the exercise of warrants over ordinary shares, resulting in the admission of 16,500,000 new ordinary shares to trading on AIM. This move increases the company’s issued share capital to 3,917,702,338 ordinary shares, impacting shareholder calculations under the FCA’s Disclosure and Transparency Rules. The exercise of warrants reflects ongoing investor interest and may enhance the company’s financial flexibility as it continues its exploration activities in Africa.
Oriole Resources PLC announced that Greenwood Capital Partners has published a research note highlighting the company’s maiden resource at the Mbe project, which has exceeded expectations. The company has reported significant gold resources at its various projects, including Mbe and Bibemi in Cameroon, and Senala in Senegal, with ongoing discussions for joint ventures and strategic investments to further develop these assets.
Oriole Resources PLC has announced a maiden JORC Mineral Resource Estimate for the MB01-S zone at its Mbe orogenic gold project in Cameroon, revealing 870,000 ounces of contained gold at a grade of 1.09g/t. This estimate surpasses previous exploration targets and indicates significant potential for expansion, with both MB01-S and the nearby MB01-N zone remaining open for further exploration. The company is considering the potential for an open pit gold mine, highlighting the project’s promise for substantial gold deposits in Cameroon.