Conroy Gold and Natural Resources (LON:CGNR) Shares Down 8.9% – Here’s Why

Conroy Gold and Natural Resources plc (LON:CGNRGet Free Report)’s stock price traded down 8.9% on Wednesday . The stock traded as low as GBX 4.10 ($0.05) and last traded at GBX 4.10 ($0.05). 23,104 shares were traded during mid-day trading, a decline of 78% from the average session volume of 106,487 shares. The stock had previously closed at GBX 4.50 ($0.06).

Conroy Gold and Natural Resources Price Performance

The firm has a market cap of £1.96 million, a price-to-earnings ratio of -410.00 and a beta of 1.19. The company has a current ratio of 0.14, a quick ratio of 0.44 and a debt-to-equity ratio of 0.63. The stock’s fifty day moving average price is GBX 5.50 and its 200-day moving average price is GBX 6.75.

About Conroy Gold and Natural Resources

(Get Free Report)

Conroy Gold and Natural Resources plc engages in the exploration and development of mineral properties in Ireland and Finland. The company primarily explores for gold, lead, antimony, and zinc deposits. It focuses on the Longford-Down Massif region for its exploration activities. The company was formerly known as Conroy Diamonds and Gold Plc and changed its name to Conroy Gold and Natural Resources plc in January 2011.

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