Reabold Resources Plc (LON:RBD – Get Free Report) was down 5.2% during trading on Monday . The stock traded as low as GBX 0.10 and last traded at GBX 0.11. Approximately 92,703,805 shares traded hands during mid-day trading, a decline of 15% from the average daily volume of 109,627,594 shares. The stock had previously closed at GBX 0.12.
Reabold Resources Trading Down 5.2%
The company has a debt-to-equity ratio of 0.16, a current ratio of 45.39 and a quick ratio of 34.15. The firm’s 50 day moving average is GBX 0.10 and its 200 day moving average is GBX 0.08. The company has a market capitalization of £11.21 million, a PE ratio of -5.50 and a beta of 1.44.
About Reabold Resources
As an investor in upstream oil & gas projects, Reabold aims to create value from each project by investing in undervalued, low-risk, near-term upstream oil & gas projects and by identifying a clear exit plan prior to investment.
Reabold’s long term strategy is to re-invest capital made through its investments into larger projects in order to grow the Company.
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