MetalNRG (LON:MNRG) Shares Up 14.3% – Time to Buy?

Shares of MetalNRG plc (LON:MNRGGet Free Report) rose 14.3% during trading on Friday . The company traded as high as GBX 12.50 ($0.15) and last traded at GBX 12 ($0.15). Approximately 328,921 shares changed hands during mid-day trading, an increase of 28% from the average daily volume of 256,518 shares. The stock had previously closed at GBX 10.50 ($0.13).

MetalNRG Stock Down 8.2 %

The company has a market cap of £138.38 million, a PE ratio of -0.38 and a beta of 0.60. The stock has a 50-day moving average of GBX 15.07 and a 200-day moving average of GBX 5.47.

MetalNRG Company Profile

(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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