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Oracle Power shares surged 39.5% on Friday on renewed investor interest in its gold and green hydrogen projects.
Oracle Power (LON:ORCP) shares jumped 39.5% on Friday, closing at GBX 0.06 with trading volume soaring to 2.15 billion shares—861% above average.
The surge followed heightened interest in the UK-listed company’s two key projects: gold exploration in Western Australia and a fast-tracked green hydrogen facility in Jhimpir, Pakistan, developed with Kaheel Energy Limited.
The Pakistan project aims to position the country as a regional clean hydrogen producer to support global decarbonization.
The company has a market cap of £9.37 million, a negative P/E ratio, and a debt-to-equity ratio of 9.98.
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Las acciones de Oracle Power subieron un 39,5% el viernes debido al renovado interés de los inversores en sus proyectos de oro e hidrógeno verde.