Celsius Resources (LON:CLA) Sets New 52-Week Low – Time to Sell?

Celsius Resources Limited (LON:CLAGet Free Report) shares hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 0.40 ($0.01) and last traded at GBX 0.40 ($0.01), with a volume of 4030000 shares traded. The stock had previously closed at GBX 0.53 ($0.01).

Celsius Resources Price Performance

The firm has a 50-day simple moving average of GBX 0.49 and a 200 day simple moving average of GBX 0.53.

About Celsius Resources

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Celsius Resources Limited is an ASX and LSE listed exploration and development company focusing on its portfolio of copper-gold assets located in the Philippines.

The Company’s flagship project is the Maalinao-CaigutanBiyog (MCB) Project, a world-class copper-gold project which is situated on the country’s main island – about 320 km north of Manila.

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