MetalNRG (LON:MNRG) Stock Price Up 32% – Should You Buy?

Shares of MetalNRG plc (LON:MNRGGet Free Report) shot 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). 9,469,450 shares were traded during mid-day trading, a decline of 4% from the average session volume of 9,862,216 shares. The stock had previously closed at GBX 0.50 ($0.01).

MetalNRG Stock Performance

The company has a 50 day simple moving average of GBX 0.38 and a 200 day simple moving average of GBX 0.24. The company has a market capitalization of £6.77 million, a PE ratio of -0.38 and a beta of 0.60.

MetalNRG Company Profile

(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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