Reabold Resources (LON:RBD) Hits New 1-Year Low – What’s Next?

Reabold Resources Plc (LON:RBD)’s stock price reached a new 52-week low on Thursday . The stock traded as low as GBX 0.04 and last traded at GBX 0.04, with a volume of 23106 shares changing hands. The stock had previously closed at GBX 0.04.

Reabold Resources Stock Up 2.6%

The company has a market cap of £3.98 million, a PE ratio of -1.95 and a beta of 1.44. The company has a fifty day moving average of GBX 0.05 and a two-hundred day moving average of GBX 0.05. The company has a debt-to-equity ratio of 0.16, a quick ratio of 34.15 and a current ratio of 45.39.

Reabold Resources (LON:RBD) last posted its quarterly earnings data on Tuesday, September 30th. The company reported GBX (0.01) EPS for the quarter. As a group, analysts anticipate that Reabold Resources Plc will post -0.01 earnings per share for the current fiscal year.

About Reabold Resources

Reabold Resources plc is an investing company investing in the exploration and production (“E&P”) sector. The Company’s investing policy is to acquire direct and indirect interests in exploration and producing projects and assets in the natural resources sector, and consideration is currently given to investment opportunities anywhere in the world.

As an investor in upstream oil & gas projects, Reabold aims to create value from each project by investing in undervalued, low-risk, near-term upstream oil & gas projects and by identifying a clear exit plan prior to investment.

Reabold’s long term strategy is to re-invest capital made through its investments into larger projects in order to grow the Company.