Neo Energy Metals (LON:NEO) Shares Down 13.6% – Should You Sell?

Neo Energy Metals Plc (LON:NEO – Get Free Report)’s share price fell 13.6% during trading on Friday. The stock traded as low as GBX 0.37 and last traded at GBX 0.38. Approximately 94,088,063 shares were traded during mid-day trading, an increase of 208% from the average session volume of 30,559,520 shares. The stock had previously closed at GBX 0.44.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group reissued a “house stock” rating on shares of Neo Energy Metals in a report on Tuesday, August 18th.

Get Our Latest Stock Report on NEO

Neo Energy Metals Price Performance

The company has a market cap of £11.75 million, a P/E ratio of 2.09 and a beta of 4.99. The company has a fifty day simple moving average of GBX 0.64 and a 200-day simple moving average of GBX 0.72.

Neo Energy Metals Company Profile

(Get Free Report)

Neo Energy Metals plc is a uranium and gold company listed on the London Stock Exchange Main Market (LSE: NEO) and the A2X Markets (A2X: NEO), with a JSE Main Board listing targeted for mid 2026. The Company holds two uranium projects in South Africa with a combined JORC- and SAMREC compliant resource of 31.5 million pounds U₃O₈ and 1.2 million ounces of gold.

Further Reading

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