Conroy Gold and Natural Resources (LON:CGNR) Trading Down 9.1% – Time to Sell?

Conroy Gold and Natural Resources plc (LON:CGNR) shares traded down 9.1% on Wednesday . The stock traded as low as GBX 10 and last traded at GBX 10. 10 shares traded hands during trading, a decline of 100% from the average session volume of 312,525 shares. The stock had previously closed at GBX 11.

Conroy Gold and Natural Resources Stock Performance

The firm has a market cap of £7.69 million, a P/E ratio of -9.80 and a beta of 1.19. 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 business’s fifty day simple moving average is GBX 10.46 and its 200-day simple moving average is GBX 7.86.

Conroy Gold and Natural Resources Company Profile

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.