Europa Metals (LON:EUZ) Trading Down 21.9% – Should You Sell?

Shares of Europa Metals Limited (LON:EUZ) fell 21.9% during trading on Tuesday . The company traded as low as GBX 1.10 ($0.01) and last traded at GBX 1.25 ($0.02). 431,167 shares traded hands during mid-day trading, an increase of 155% from the average session volume of 169,104 shares. The stock had previously closed at GBX 1.60 ($0.02).

Europa Metals Stock Performance

The business’s fifty day simple moving average is GBX 2 and its 200 day simple moving average is GBX 1.92. The stock has a market cap of £2.80 million, a price-to-earnings ratio of -144.00 and a beta of 0.93.

Europa Metals Company Profile

At Europa Metals, we are focused on developing the next generation of sustainable mining assets, providing full supply chain transparency and operating to global best practice standards.

Operating in Spain our primary asset is the Toral lead zinc and silver project located in the Province of Leon, with an indicated resource estimate of approximately 3.8Mt @ 8.3% Zn Equivalent (including Pb credits) and 30g/t Ag.

Europa is providing the mining industry with one of the most important opportunities to create a fully transparent and ethical source for commodities.