GreenX Metals Limited (LON:GRX – Get Free Report)’s stock price rose 2.9% during trading on Wednesday . The company traded as high as GBX 53 and last traded at GBX 53. Approximately 33,871 shares traded hands during mid-day trading, a decline of 52% from the average daily volume of 70,054 shares. The stock had previously closed at GBX 51.50.
GreenX Metals Stock Up 2.9%
The company has a 50 day simple moving average of GBX 49.25 and a two-hundred day simple moving average of GBX 48.96. The company has a quick ratio of 2.70, a current ratio of 0.89 and a debt-to-equity ratio of 10.53. The company has a market capitalization of £165.35 million, a P/E ratio of -12.41 and a beta of 1.00.
GreenX Metals Company Profile
The Company’s primary focus is the Tannenberg Copper Project in Germany which is highly prospective for sediment-hosted (Kupferschiefer type) copper deposits. The project is a large-scale, 1,900 km² brownfield licence located in the historic Richelsdorf Mining District, which produced over 416,000 tonnes of copper and 33.7 million ounces of silver before closure in the 1950s.
The Company also holds the Eleonore North Project in Greenland, which comprises two distinct prospect areas.
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