Clontarf Energy (LON:CLON) Shares Up 26.7% – Time to Buy?

Clontarf Energy plc (LON:CLONGet Free Report)’s share price rose 26.7% during mid-day trading on Wednesday . The company traded as high as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 148,727,156 shares traded hands during mid-day trading, an increase of 437% from the average daily volume of 27,697,076 shares. The stock had previously closed at GBX 0.03 ($0.00).

Clontarf Energy Price Performance

The firm has a market cap of £2.62 million, a P/E ratio of -13.20 and a beta of -0.02. The firm’s 50-day moving average price is GBX 0.04 and its 200 day moving average price is GBX 0.06.

Clontarf Energy Company Profile

(Get Free Report)

Clontarf Energy plc, together with its subsidiaries, engages in the exploration, development, and production of oil and gas reserves and other related activities. It holds 60% interest in the Tano 2A Block covering an area of 1,532 square kilometers located in Ghana. The company also focuses on exploring and developing Bolivian salt-lakes.

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