Landore Resources (LON:LND) Stock Price Down 10.9%

Landore Resources Limited (LON:LND) shares traded down 10.9% on Wednesday . The company traded as low as GBX 4.10 ($0.05) and last traded at GBX 4.10 ($0.05). Approximately 965,176 shares traded hands during trading, a decline of 14% from the average session volume of 1,124,575 shares. The stock had previously closed at GBX 4.60 ($0.06).

Landore Resources Price Performance

The company has a market cap of £6.06 million, a PE ratio of -206.25 and a beta of -0.12. The firm’s 50-day moving average is GBX 2.96 and its 200-day moving average is GBX 2.70.

About Landore Resources

Landore Resources Limited, through its subsidiary, Landore Resources Canada Inc, acquires, explores, and develops precious and base metal projects in Eastern Canada. It explores for nickel, copper, iron, cobalt, platinum, palladium, gold, and lithium deposits. The company holds 100% interest in Junior Lake property, which include 6 leases and 1,318 staked mining claims that cover an area of approximately 33,029 hectares located in the province of Ontario, Canada; and Miminiska Lake property comprises 28 patented and 23 staked claims in southern block, and 570 staked claims in the northern block covering an area of approximately 5,494 hectares located in Northern Ontario, Canada.