URU Metals (LON:URU) Shares Pass Below Two Hundred Day Moving Average – Should You Sell?

URU Metals Limited (LON:URU) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 6.57 and traded as low as GBX 6.25. URU Metals shares last traded at GBX 6.36, with a volume of 376,712 shares trading hands.

URU Metals Trading Down 2.2%

The business has a 50 day moving average of GBX 6.70 and a two-hundred day moving average of GBX 6.57. The firm has a market capitalization of £6.17 million, a price-to-earnings ratio of 3.18 and a beta of 0.12. The company has a debt-to-equity ratio of 62.33, a quick ratio of 0.76 and a current ratio of 0.08.

URU Metals Company Profile

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. The company was incorporated in 2007 and is based in Toronto, Canada.