Conroy Gold and Natural Resources (LON:CGNR) Stock Falls 6.2% – Here’s What Happened

Conroy Gold and Natural Resources plc (LON:CGNR) shares traded down 6.2% during mid-day trading on Monday. The stock traded as low as GBX 7.50 and last traded at GBX 7.50. Approximately 303 shares were traded during mid-day trading, a decline of 100% from the average session volume of 102,402 shares. The stock had previously closed at GBX 8.

Conroy Gold and Natural Resources Stock Performance

The firm has a market capitalization of £7.00 million, a price-to-earnings ratio of -27.78 and a beta of 1.62. The company has a quick ratio of 0.44, a current ratio of 3.53 and a debt-to-equity ratio of 1.01. The stock has a 50-day moving average price of GBX 7.82 and a 200 day moving average price of GBX 9.42.

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. Conroy Gold and Natural Resources plc was incorporated in 1995 and is headquartered in Dublin, Ireland.