Conroy Gold and Natural Resources (LON:CGNR) Trading 4.8% Higher – Here’s What Happened

Shares of Conroy Gold and Natural Resources plc (LON:CGNR) shot up 4.8% during trading on Thursday . The company traded as high as GBX 16.50 and last traded at GBX 16.50. 122,787 shares changed hands during mid-day trading, a decline of 55% from the average session volume of 273,323 shares. The stock had previously closed at GBX 15.75.

Conroy Gold and Natural Resources Price Performance

The company has a market capitalization of £11.93 million, a price-to-earnings ratio of -57.41 and a beta of 1.19. The company has a quick ratio of 0.44, a current ratio of 0.13 and a debt-to-equity ratio of 22.42. The firm has a 50 day moving average price of GBX 12.15 and a two-hundred day moving average price of GBX 10.08.

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.