Highlands Natural Resources (LON:HNR) Trading Down 3.1% – Should You Sell?

Highlands Natural Resources PLC (LON:HNR) shares were down 3.1% during mid-day trading on Friday . The stock traded as low as GBX 4.20 ($0.05) and last traded at GBX 4.70 ($0.06). Approximately 4,601,669 shares were traded during trading, an increase of 400% from the average daily volume of 921,030 shares. The stock had previously closed at GBX 4.85 ($0.06).

Highlands Natural Resources Price Performance

The firm has a 50 day moving average of GBX 4.70 and a 200-day moving average of GBX 4.70. The stock has a market capitalization of £6.95 million and a P/E ratio of -0.96.

Highlands Natural Resources Company Profile

Highlands Natural Resources plc, together with its subsidiaries, engages in the exploration and development of oil and gas assets. The company holds interests in two Colorado Shale projects covering an area of 7,500 acres in Colorado; Helios Two project covering 221,973 acres in Custer, Carter, and Fallon counties, Montana; and approximately 3,952 acres of land comprising the Gravity, a shallow natural gas prospect located in Emmons county, North Dakota, as well as a uranium acreage covering approximately 1,384 acres located in Grand county, Utah, the United States.