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MetalNRG (LON:MNRG) Shares Up 14.3% - Here's What Happened

MetalNRG logo with Basic Materials background

MetalNRG plc (LON:MNRG - Get Free Report) shot up 14.3% during trading on Friday . The stock traded as high as GBX 12.50 ($0.15) and last traded at GBX 12 ($0.15). 328,921 shares traded hands during mid-day trading, an increase of 28% from the average session volume of 256,518 shares. The stock had previously closed at GBX 10.50 ($0.13).

MetalNRG Trading Down 8.2 %

The company has a market capitalization of £138.38 million, a P/E ratio of -0.38 and a beta of 0.60. The stock's fifty day moving average is GBX 15.07 and its 200 day moving average is GBX 5.43.

About MetalNRG

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MetalNRG plc operates as a natural resource and energy investing company. The company explores for gold, iron ore, nickel, copper, cobalt, silver, and diamonds deposits. It holds interests in the Gold Ridge project covering an area of 932 hectares located in Arizona, the United States; the Lake Victoria Gold project located in Tanzania; and the Uranium project located in Kyrgyzstan.

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