Conroy Gold and Natural Resources (LON:CGNR) Shares Up 15.5% – Time to Buy?

Conroy Gold and Natural Resources plc (LON:CGNR) shares rose 15.5% on Monday . The stock traded as high as GBX 11.73 and last traded at GBX 11.55. Approximately 88,717 shares changed hands during trading, a decline of 71% from the average daily volume of 306,319 shares. The stock had previously closed at GBX 10.

Conroy Gold and Natural Resources Price Performance

The company has a current ratio of 0.13, a quick ratio of 0.44 and a debt-to-equity ratio of 22.42. The business has a 50-day moving average of GBX 10.06 and a 200 day moving average of GBX 8.26. The firm has a market capitalization of £8.89 million, a PE ratio of -11.32 and a beta of 1.19.

Conroy Gold and Natural Resources Company Profile

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.