MetalNRG (LON:MNRG) Reaches New 1-Year High – Still a Buy?

Shares of MetalNRG plc (LON:MNRGGet Free Report) reached a new 52-week high on Friday . The company traded as high as GBX 43.49 ($0.55) and last traded at GBX 43.45 ($0.55), with a volume of 27071928 shares trading hands. The stock had previously closed at GBX 0.43 ($0.01).

MetalNRG Stock Up 0.9 %

The company’s 50 day moving average price is GBX 1.32 and its two-hundred day moving average price is GBX 0.64. The firm has a market cap of £533.82 million, a PE ratio of -0.38 and a beta of 0.60.

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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