Conroy Gold and Natural Resources (LON:CGNR) Trading Down 13.7% – Should You Sell?

Conroy Gold and Natural Resources plc (LON:CGNRGet Free Report) shares dropped 13.7% during mid-day trading on Monday . The company traded as low as GBX 2.50 ($0.03) and last traded at GBX 2.50 ($0.03). Approximately 500,913 shares changed hands during trading, an increase of 3% from the average daily volume of 488,291 shares. The stock had previously closed at GBX 2.90 ($0.04).

Conroy Gold and Natural Resources Stock Up 0.2 %

The firm’s 50 day moving average is GBX 2.82 and its two-hundred day moving average is GBX 4.19. The company has a current ratio of 0.13, a quick ratio of 0.44 and a debt-to-equity ratio of 22.42. The stock has a market cap of £1.70 million, a price-to-earnings ratio of -4.27 and a beta of 1.19.

About Conroy Gold and Natural Resources

(Get Free Report)

Conroy Gold and Natural Resources plc engages in the exploration and development of mineral properties in Ireland and Finland. The company primarily explores for gold, lead, antimony, and zinc deposits. It focuses on the Longford-Down Massif region for its exploration activities. The company was formerly known as Conroy Diamonds and Gold Plc and changed its name to Conroy Gold and Natural Resources plc in January 2011.

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