Conroy Gold and Natural Resources (LON:CGNR) Shares Down 12% – What’s Next?

Conroy Gold and Natural Resources plc (LON:CGNR)’s stock price fell 12% during mid-day trading on Wednesday . The company traded as low as GBX 3.30 ($0.04) and last traded at GBX 3.30 ($0.04). 218,991 shares traded hands during trading, an increase of 107% from the average session volume of 105,779 shares. The stock had previously closed at GBX 3.75 ($0.05).

Conroy Gold and Natural Resources Stock Down 12.0 %

The business has a 50-day moving average price of GBX 4.96 and a 200-day moving average price of GBX 6.35. The company has a current ratio of 0.14, a quick ratio of 0.44 and a debt-to-equity ratio of 0.63. The stock has a market cap of £1.58 million, a PE ratio of -352.00 and a beta of 1.19.

About Conroy Gold and Natural Resources

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.