Shares of URU Metals Limited (LON:URU – Get Free Report) dropped 47.1% during trading on Friday . The company traded as low as GBX 4.30 ($0.06) and last traded at GBX 4.50 ($0.06). Approximately 120,219 shares changed hands during mid-day trading, an increase of 196% from the average daily volume of 40,637 shares. The stock had previously closed at GBX 8.50 ($0.11).
URU Metals Trading Down 44.1 %
The business’s 50-day simple moving average is GBX 145.95 and its two-hundred day simple moving average is GBX 139.83. The company has a current ratio of 0.08, a quick ratio of 0.76 and a debt-to-equity ratio of 62.33. The company has a market capitalization of £78,375.00, a PE ratio of -2.20 and a beta of 0.12.
About URU Metals
URU Metals Limited is involved in the exploration and development of mineral projects primarily in South Africa. The company explores for uranium, nickel, copper, and platinum group metals. Its flagship property is the Zebedelia Nickel Project located in the Limpopo Province of South Africa. The company was formerly known as Niger Uranium Limited and changed its name to URU Metals Limited.
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