MetalNRG (LON:MNRG) Stock Price Down 5.8% – Should You Sell?

MetalNRG plc (LON:MNRG) shares traded down 5.8% during mid-day trading on Monday . The company traded as low as GBX 0.45 ($0.01) and last traded at GBX 0.45 ($0.01). 12,782,727 shares changed hands during trading, a decline of 9% from the average session volume of 14,036,311 shares. The stock had previously closed at GBX 0.48 ($0.01).

MetalNRG Price Performance

The business has a 50 day simple moving average of GBX 0.46 and a 200 day simple moving average of GBX 0.33. The stock has a market cap of £5.38 million, a PE ratio of -0.38 and a beta of 0.60.

MetalNRG Company Profile

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.