Reabold Resources (LON:RBD) Reaches New 52-Week Low – Should You Sell?

Reabold Resources Plc (LON:RBDGet Free Report) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 0.05 ($0.00) and last traded at GBX 0.05 ($0.00), with a volume of 97032625 shares. The stock had previously closed at GBX 0.05 ($0.00).

Reabold Resources Trading Up 4.2 %

The firm has a 50-day moving average of GBX 0.06 and a 200 day moving average of GBX 0.07. The company has a current ratio of 45.39, a quick ratio of 34.15 and a debt-to-equity ratio of 0.16. The stock has a market capitalization of £5.10 million, a price-to-earnings ratio of -2.03 and a beta of 1.44.

About Reabold Resources

(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.

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