Reabold Resources Plc (RBD.L) (LON:RBD) Shares Up 6.5%

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Reabold Resources Plc (RBD.L) (LON:RBD)’s share price was up 6.5% during mid-day trading on Thursday . The stock traded as high as GBX 0.67 ($0.01) and last traded at GBX 0.66 ($0.01). Approximately 11,693,159 shares changed hands during trading, a decline of 70% from the average daily volume of 38,524,586 shares. The stock had previously closed at GBX 0.62 ($0.01).

The company’s 50-day moving average price is GBX 0.54 and its two-hundred day moving average price is GBX 0.61. The stock has a market cap of £44.53 million and a PE ratio of -6.60.

Reabold Resources Plc (RBD.L) Company Profile (LON:RBD)

Reabold Resources Plc invests in upstream oil and gas projects. Its exploration licenses include PEDL 183 license area situated in the United Kingdom; Monroe Swell, West Brentwood, and Grizzly Island license areas located in the United States; Parta exploration license area situated in Romania; and Wessex Basin license area located in Corallian, the United Kingdom.

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