ECR Minerals (LON:ECR) Stock Price Up 6.4% – Still a Buy?
by Jessica Moore · The Cerbat GemECR Minerals plc (LON:ECR – Get Free Report)’s share price shot up 6.4% during mid-day trading on Thursday . The company traded as high as GBX 0.26 and last traded at GBX 0.25. 10,927,143 shares changed hands during trading, a decline of 71% from the average session volume of 38,014,301 shares. The stock had previously closed at GBX 0.24.
ECR Minerals Trading Up 2.0%
The firm has a market cap of £8.39 million, a price-to-earnings ratio of -4.25 and a beta of 1.44. The company’s 50-day moving average is GBX 0.25 and its 200-day moving average is GBX 0.27.
ECR Minerals (LON:ECR – Get Free Report) last announced its quarterly earnings data on Thursday, March 5th. The company reported GBX (0.06) EPS for the quarter.
About ECR Minerals
ECR Minerals plc, through its subsidiaries, engages in the exploration and development of mineral projects. The company holds 100% interests in the Bailieston, Creswick, and Tambo gold projects located in Victoria, Australia. It also holds 25% interest in the Danglay gold project located in the Philippines. The company was formerly known as Electrum Resources plc and changed its name to ECR Minerals plc in December 2010. The company was incorporated in 2004 and is based in London, the United Kingdom.