Landore Resources Limited (LON:LND – Get Free Report) shot up 11.1% during trading on Tuesday . The company traded as high as GBX 3.90 ($0.05) and last traded at GBX 3.90 ($0.05). 910,029 shares changed hands during mid-day trading, a decline of 29% from the average session volume of 1,276,982 shares. The stock had previously closed at GBX 3.51 ($0.05).
Landore Resources Trading Up 0.7 %
The stock has a market capitalization of £11.34 million, a price-to-earnings ratio of -365.00 and a beta of -0.15. The company’s 50 day moving average is GBX 3.62 and its 200 day moving average is GBX 3.41.
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.
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