MetalNRG (LON:MNRG) Shares Up 14.3% – Should You Buy?

Shares of MetalNRG plc (LON:MNRGGet Free Report) were up 14.3% during trading on Friday . The company traded as high as GBX 12.50 ($0.15) and last traded at GBX 12 ($0.15). Approximately 328,921 shares traded hands during mid-day trading, an increase of 28% from the average daily volume of 256,518 shares. The stock had previously closed at GBX 10.50 ($0.13).

MetalNRG Price Performance

The firm has a market cap of £147.60 million, a P/E ratio of -0.38 and a beta of 0.60. The company’s 50-day moving average is GBX 14.84 and its two-hundred day moving average is GBX 5.39.

About MetalNRG

(Get Free Report)

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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