ECR Minerals (LON:ECR) Trading Up 14% – Should You Buy?

ECR Minerals plc (LON:ECRGet Free Report)’s share price traded up 14% on Friday . The company traded as high as GBX 0.32 and last traded at GBX 0.30. 24,323,393 shares traded hands during mid-day trading, a decline of 66% from the average session volume of 70,552,094 shares. The stock had previously closed at GBX 0.27.

ECR Minerals Price Performance

The firm has a market cap of £10.17 million, a price-to-earnings ratio of -5.15 and a beta of 1.44. The business has a fifty day simple moving average of GBX 0.31 and a 200 day simple moving average of GBX 0.26.

ECR Minerals Company Profile

(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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