Conroy Gold and Natural Resources (LON:CGNR) Shares Down 13.7% – Time to Sell?

Conroy Gold and Natural Resources plc (LON:CGNR)’s stock price fell 13.7% on Monday . The company traded as low as GBX 2.50 ($0.03) and last traded at GBX 2.50 ($0.03). 500,913 shares changed hands during trading, an increase of 3% from the average session volume of 488,291 shares. The stock had previously closed at GBX 2.90 ($0.04).

Conroy Gold and Natural Resources Stock Performance

The business has a 50 day moving average price of GBX 2.84 and a two-hundred day moving average price of GBX 4.27. The stock has a market cap of £1.73 million, a PE ratio of -4.35 and a beta of 1.19. The company has a debt-to-equity ratio of 22.42, a current ratio of 0.13 and a quick ratio of 0.44.

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.