Shares of MetalNRG plc (LON:MNRG – Get Free Report) dropped 9.5% on Friday . The company traded as low as GBX 0.49 ($0.01) and last traded at GBX 0.50 ($0.01). Approximately 121,505,289 shares traded 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 Trading Down 9.1 %
The firm’s 50 day moving average price is GBX 0.39 and its 200-day moving average price is GBX 0.25. The company has a market cap of £6.15 million, a P/E ratio of -0.38 and a beta of 0.60.
MetalNRG Company Profile
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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