MetalNRG (LON:MNRG) Shares Up 32% – Time to Buy?

MetalNRG plc (LON:MNRGGet Free Report) shares were up 32% during mid-day trading on Thursday . The stock traded as high as GBX 0.66 ($0.01) and last traded at GBX 0.66 ($0.01). Approximately 9,469,450 shares were traded during trading, a decline of 4% from the average daily volume of 9,862,216 shares. The stock had previously closed at GBX 0.50 ($0.01).

MetalNRG Trading Down 9.1 %

The stock has a market capitalization of £6.15 million, a price-to-earnings ratio of -0.38 and a beta of 0.60. The company has a fifty day moving average of GBX 0.39 and a two-hundred day moving average of GBX 0.25.

About MetalNRG

(Get Free Report)

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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