MetalNRG (LON:MNRG) Stock Price Down 9.5% – Should You Sell?

MetalNRG plc (LON:MNRGGet Free Report) dropped 9.5% during mid-day trading on Friday . The stock traded as low as GBX 0.49 ($0.01) and last traded at GBX 0.50 ($0.01). Approximately 121,505,289 shares changed hands during trading, an increase of 1,046% from the average daily volume of 10,604,485 shares. The stock had previously closed at GBX 0.55 ($0.01).

MetalNRG Price Performance

The company has a market capitalization of £6.13 million, a price-to-earnings ratio of -0.38 and a beta of 0.60. The business has a fifty day moving average price of GBX 0.38 and a 200 day moving average price of GBX 0.25.

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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