URU Metals (LON:URU) Shares Up 65% – Should You Buy?

URU Metals Limited (LON:URUGet Free Report) rose 65% on Tuesday . The company traded as high as GBX 8.91 ($0.11) and last traded at GBX 6.60 ($0.08). Approximately 156,665 shares traded hands during mid-day trading, an increase of 421% from the average daily volume of 30,076 shares. The stock had previously closed at GBX 4 ($0.05).

URU Metals Price Performance

The company has a quick ratio of 0.76, a current ratio of 0.08 and a debt-to-equity ratio of 62.33. The company’s 50-day moving average is GBX 149.18 and its 200-day moving average is GBX 140.47. The stock has a market cap of £124,575.00, a price-to-earnings ratio of -3.50 and a beta of 0.12.

About URU Metals

(Get Free Report)

URU Metals Limited is involved in the exploration and development of mineral projects primarily in South Africa. The company explores for uranium, nickel, copper, and platinum group metals. Its flagship property is the Zebedelia Nickel Project located in the Limpopo Province of South Africa. The company was formerly known as Niger Uranium Limited and changed its name to URU Metals Limited.

Further Reading

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