Clontarf Energy (LON:CLON) Trading Down 11.1% – Here’s Why

Clontarf Energy plc (LON:CLONGet Free Report)’s share price dropped 11.1% during trading on Tuesday . The stock traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 55,828,449 shares changed hands during trading, a decline of 46% from the average daily volume of 102,663,859 shares. The stock had previously closed at GBX 0.05 ($0.00).

Clontarf Energy Price Performance

The company has a fifty day simple moving average of GBX 0.03 and a two-hundred day simple moving average of GBX 0.06. The company has a market capitalization of £2.92 million, a P/E ratio of -13.20 and a beta of -0.02.

About Clontarf Energy

(Get Free Report)

Clontarf Energy plc, together with its subsidiaries, engages in the exploration, development, and production of oil and gas reserves and other related activities. It holds 60% interest in the Tano 2A Block covering an area of 1,532 square kilometers located in Ghana. The company also focuses on exploring and developing Bolivian salt-lakes.

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