ECR Minerals (LON:ECR) Stock Price Down 1.6% – Here’s Why

ECR Minerals plc (LON:ECR)’s share price dropped 1.6% during mid-day trading on Wednesday . The stock traded as low as GBX 0.31 ($0.00) and last traded at GBX 0.31 ($0.00). Approximately 7,625,722 shares traded hands during trading, a decline of 66% from the average daily volume of 22,331,256 shares. The stock had previously closed at GBX 0.31 ($0.00).

ECR Minerals Stock Performance

The stock’s 50 day simple moving average is GBX 0.34 and its 200 day simple moving average is GBX 0.29. The firm has a market cap of £5.76 million, a PE ratio of -2.20 and a beta of 1.44.

ECR Minerals Company Profile

ECR Minerals plc, through its subsidiaries, engages in the exploration and development of mineral projects. The company holds 100% interests in the Bailieston, Creswick, and Tambo gold projects located in Victoria, Australia. It also holds 25% interest in the Danglay gold project located in the Philippines.