Conroy Gold and Natural Resources (LON:CGNR) Shares Down 8.9% – Here’s What Happened

Conroy Gold and Natural Resources plc (LON:CGNRGet Free Report) was down 8.9% on Wednesday . The stock traded as low as GBX 4.10 ($0.05) and last traded at GBX 4.10 ($0.05). Approximately 23,104 shares traded hands during mid-day trading, a decline of 78% from the average daily volume of 106,487 shares. The stock had previously closed at GBX 4.50 ($0.06).

Conroy Gold and Natural Resources Stock Performance

The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.44 and a current ratio of 0.14. The company has a market capitalization of £1.96 million, a price-to-earnings ratio of -410.00 and a beta of 1.19. The firm has a 50-day simple moving average of GBX 5.50 and a two-hundred day simple moving average of GBX 6.75.

About Conroy Gold and Natural Resources

(Get Free Report)

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.

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