Landore Resources (LON:LND) Trading 14.3% Higher

Shares of Landore Resources Limited (LON:LNDGet Free Report) traded up 14.3% during mid-day trading on Thursday . The company traded as high as GBX 3.20 ($0.04) and last traded at GBX 3.20 ($0.04). 570,127 shares traded hands during mid-day trading, a decline of 42% from the average session volume of 989,211 shares. The stock had previously closed at GBX 2.80 ($0.04).

Landore Resources Stock Performance

The stock has a 50-day moving average price of GBX 2.29 and a 200-day moving average price of GBX 3.47. The stock has a market cap of £4.90 million, a P/E ratio of -140.00 and a beta of -0.09.

About Landore Resources

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Landore Resources Limited, through its subsidiary, Landore Resources Canada Inc, acquires, explores, and develops precious and base metal projects in Eastern Canada. It explores for nickel, copper, iron, cobalt, platinum, palladium, gold, and lithium deposits. The company holds 100% interest in Junior Lake property, which include 6 leases and 1,318 staked mining claims that cover an area of approximately 33,029 hectares located in the province of Ontario, Canada; and Miminiska Lake property comprises 28 patented and 23 staked claims in southern block, and 570 staked claims in the northern block covering an area of approximately 5,494 hectares located in Northern Ontario, Canada.

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