MetalNRG (LON:MNRG) Trading 10.5% Higher – Still a Buy?

MetalNRG plc (LON:MNRGGet Free Report)’s stock price traded up 10.5% during mid-day trading on Wednesday . The company traded as high as GBX 0.55 ($0.01) and last traded at GBX 0.53 ($0.01). 48,694,461 shares were traded during mid-day trading, an increase of 344% from the average session volume of 10,971,513 shares. The stock had previously closed at GBX 0.48 ($0.01).

MetalNRG Stock Down 11.1 %

The company has a market capitalization of £6.01 million, a P/E ratio of -0.38 and a beta of 0.60. The firm has a fifty day simple moving average of GBX 0.40 and a 200-day simple moving average of GBX 0.26.

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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