Landore Resources Limited (LON:LND – Get Free Report) shares reached a new 52-week low on Tuesday. The stock traded as low as GBX 1.50 and last traded at GBX 1.57, with a volume of 732428 shares traded. The stock had previously closed at GBX 1.60.
Landore Resources Trading Up 5.7%
The stock has a 50-day moving average of GBX 1.90 and a 200-day moving average of GBX 1.96. The firm has a market cap of £5.90 million, a price-to-earnings ratio of -158.50 and a beta of -0.15.
About Landore Resources
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.
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