ECR Minerals (LON:ECR) Stock Price Down 8.2% – Here’s Why

ECR Minerals plc (LON:ECRGet Free Report)’s share price traded down 8.2% during mid-day trading on Wednesday . The company traded as low as GBX 0.30 and last traded at GBX 0.30. 53,045,648 shares changed hands during trading, an increase of 100% from the average session volume of 26,474,242 shares. The stock had previously closed at GBX 0.33.

ECR Minerals Trading Down 9.4%

The stock has a market capitalization of £7.99 million, a P/E ratio of -4.98 and a beta of 1.44. The firm’s fifty day moving average is GBX 0.23 and its 200-day moving average is GBX 0.23.

About ECR Minerals

(Get Free Report)

ECR Minerals plc, through its subsidiaries, engages in the exploration and development of mineral projects. The company holds 100% interests in the Bailieston, Creswick, and Tambo gold projects located in Victoria, Australia. It also holds 25% interest in the Danglay gold project located in the Philippines. The company was formerly known as Electrum Resources plc and changed its name to ECR Minerals plc in December 2010. The company was incorporated in 2004 and is based in London, the United Kingdom.

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