Energy Resources of Australia (ASX:ERA) Stock Passes Below 50 Day Moving Average of $0.20

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Energy Resources of Australia Limited (ASX:ERA)’s stock price passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $0.20 and traded as low as $0.15. Energy Resources of Australia shares last traded at $0.15, with a volume of 756,555 shares trading hands.

The firm has a market cap of $103.34 million and a PE ratio of -0.24. The company’s fifty day moving average price is A$0.20 and its two-hundred day moving average price is A$0.21.

Energy Resources of Australia Company Profile (ASX:ERA)

Energy Resources of Australia Ltd engages in producing and selling uranium oxide. The company holds interests in threes assets, such as the Ranger Stockpiles, the Ranger 3 Deeps underground resource, and the Jabiluka Mineral Lease. It sells its products to power utilities in the United States, Europe, China, Japan, South Korea, and the United Arab Emirates.

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