Landore Resources (LON:LND) Hits New 12-Month Low – Time to Sell?

Shares of Landore Resources Limited (LON:LNDGet Free Report) hit a new 52-week low during trading on Wednesday . The stock traded as low as GBX 1.70 and last traded at GBX 1.70, with a volume of 10 shares. The stock had previously closed at GBX 1.80.

Landore Resources Trading Down 1.1%

The company has a market capitalization of £7.00 million, a PE ratio of -188.00 and a beta of -0.15. The business has a fifty day moving average of GBX 1.82 and a 200 day moving average of GBX 2.07.

About Landore Resources

(Get Free Report)

Landore Resources (AIM: LND) is the 100% owner of the highly prospective BAM Gold Project, Northwestern Ontario, Canada, which has a resource estimate of 1.5M oz Au.

Landore Resource’s strategic objective is to crystallise value from BAM’s last estimated NPV of US$333.6m @ US$1,800/oz spot (from May 2022 PEA), as well as generating additional value from its non-core portfolio of precious and battery metals projects in eastern Canada and the USA.

Recommended Stories

Receive News & Ratings for Landore Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Landore Resources and related companies with MarketBeat.com's FREE daily email newsletter.