MetalNRG (LON:MNRG) Trading Down 7.1% – Time to Sell?

MetalNRG plc (LON:MNRGGet Free Report) shares traded down 7.1% on Tuesday . The company traded as low as GBX 0.45 ($0.01) and last traded at GBX 0.47 ($0.01). 15,478,323 shares were traded during mid-day trading, an increase of 14% from the average session volume of 13,520,344 shares. The stock had previously closed at GBX 0.51 ($0.01).

MetalNRG Stock Performance

The business has a fifty day moving average of GBX 0.45 and a two-hundred day moving average of GBX 0.31. The firm has a market cap of £6.09 million, a price-to-earnings ratio of -0.38 and a beta of 0.60.

About MetalNRG

(Get Free Report)

MetalNRG plc operates as a natural resource and energy investing company. The company explores for gold, iron ore, nickel, copper, cobalt, silver, and diamonds deposits. It holds interests in the Gold Ridge project covering an area of 932 hectares located in Arizona, the United States; the Lake Victoria Gold project located in Tanzania; and the Uranium project located in Kyrgyzstan.

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