Primorus Investments (LON:PRIM) Stock Price Down 6%

Primorus Investments PLC (LON:PRIM)’s share price fell 6% during mid-day trading on Tuesday . The stock traded as low as GBX 2.34 ($0.03) and last traded at GBX 2.35 ($0.03), 152,406 shares changed hands during mid-day trading. A decline of 99% from the average session volume of 11,650,000 shares. The stock had previously closed at GBX 2.50 ($0.03).

The firm has a market capitalization of $3.50 million and a P/E ratio of -8.33. The firm’s fifty day moving average price is GBX 2.49 and its 200-day moving average price is GBX 1.12.

Primorus Investments Company Profile (LON:PRIM)

Primorus Investments plc, an investment company, focuses on acquiring interests in a portfolio of exploration and production projects and assets operating in the natural resources sector. It owns a 5% direct interest in Horse Hill Developments Limited, which owns a 65% participating interest and operatorship of Licence PEDL137 and the adjacent Licence PEDL246 in the Weald Basin, the United Kingdom.

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