Reabold Resources (LON:RBD) Hits New 1-Year Low – Here’s Why

Shares of Reabold Resources Plc (LON:RBDGet Free Report) hit a new 52-week low during trading on Thursday . The stock traded as low as GBX 0.05 ($0.00) and last traded at GBX 0.06 ($0.00), with a volume of 126030273 shares trading hands. The stock had previously closed at GBX 0.06 ($0.00).

Reabold Resources Price Performance

The company’s 50 day moving average price is GBX 0.06 and its 200 day moving average price is GBX 0.07. The company has a debt-to-equity ratio of 0.16, a quick ratio of 34.15 and a current ratio of 45.39. The company has a market cap of £5.71 million, a price-to-earnings ratio of -2.03 and a beta of 1.44.

Reabold Resources Company Profile

(Get Free Report)

Reabold Resources Plc invests in upstream oil and gas projects. It invests in Corallian, Danube, Rathlin, and PEDL183 in the United Kingdom and Europe; and others in the United States, as well as Parta exploration license area situated in Romania. The company was formerly known as Adventis Group plc and changed its name to Reabold Resources Plc in December 2012.

Further Reading

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