Herencia Resources (LON:HER) Share Price Passes Above Two Hundred Day Moving Average – What’s Next?

Herencia Resources PLC (LON:HER) shares crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 0.01 ($0.00) and traded as high as GBX 0.02 ($0.00). Herencia Resources shares last traded at GBX 0.02 ($0.00), with a volume of 12,883,056 shares trading hands.

Herencia Resources Trading Up 3.4 %

The business’s 50 day moving average is GBX 0.02 and its two-hundred day moving average is GBX 0.01. The company has a current ratio of 0.09, a quick ratio of 0.09 and a debt-to-equity ratio of 87.33.

Herencia Resources Company Profile

Herencia Resources plc., together with its subsidiaries, provides metals and minerals exploration and development services. The company owns a portfolio of zinc, silver, lead, copper, and gold deposits in Chile. Its projects include the Picachos Copper project, which is located approximately 50 km south east of the coastal city of La Serena; and the Guamanga Copper-Gold project that covers an area of approximately 11.2 square kilometers, which comprises the iron oxide copper-gold and various porphyry targets, as well as tenement positions in the La Serena area located in northern Chile.