Conroy Gold and Natural Resources (LON:CGNR) Stock Falls 5.4% – Here’s Why

by · The Markets Daily

Shares of Conroy Gold and Natural Resources plc (LON:CGNR – Get Free Report) dropped 5.4% during trading on Monday. The company traded as low as GBX 6.50 and last traded at GBX 7. Approximately 299,715 shares traded hands during mid-day trading, an increase of 189% from the average session volume of 103,734 shares. The stock had previously closed at GBX 7.40.

Conroy Gold and Natural Resources Stock Down 3.7%

The firm’s 50 day simple moving average is GBX 7.64 and its 200-day simple moving average is GBX 10.09. The company has a current ratio of 0.29, a quick ratio of 0.44 and a debt-to-equity ratio of 1.08. The stock has a market capitalization of £6.07 million, a price-to-earnings ratio of -24.07 and a beta of 1.64.

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

Further Reading