MetalNRG (LON:MNRG) Stock Price Up 8.4% – Should You Buy?

Shares of MetalNRG plc (LON:MNRGGet Free Report) were up 8.4% on Thursday . The stock traded as high as GBX 0.48 ($0.01) and last traded at GBX 0.48 ($0.01). Approximately 8,895,315 shares traded hands during trading, a decline of 34% from the average daily volume of 13,506,994 shares. The stock had previously closed at GBX 0.44 ($0.01).

MetalNRG Trading Up 9.5 %

The firm has a fifty day simple moving average of GBX 0.46 and a two-hundred day simple moving average of GBX 0.31. The firm has a market cap of £5.93 million, a PE ratio of -0.38 and a beta of 0.60.

MetalNRG Company Profile

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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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