Neo Energy Metals (LON:NEO) Sets New 12-Month Low – Time to Sell?

Neo Energy Metals Plc (LON:NEO – Get Free Report)’s share price hit a new 52-week low on Monday. The company traded as low as GBX 0.50 and last traded at GBX 0.52, with a volume of 41,312,047 shares changing hands. The stock had previously closed at GBX 0.55.

Analysts Set New Price Targets

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

View Our Latest Stock Report on NEO

Neo Energy Metals Stock Performance

The firm has a market cap of £16.08 million, a price-to-earnings ratio of 2.86 and a beta of 4.99. The business’s 50 day moving average price is GBX 0.80 and its 200-day moving average price is GBX 0.85.

About Neo Energy Metals

(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 U?O? and 1.2 million ounces of gold.

Further Reading

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