Landore Resources Limited (LON:LND – Get Free Report)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 2.56 and traded as low as GBX 1.72. Landore Resources shares last traded at GBX 1.87, with a volume of 3,004,347 shares trading hands.
Landore Resources Stock Performance
The business’s 50 day simple moving average is GBX 1.98 and its 200-day simple moving average is GBX 2.56. The company has a market cap of £6.95 million, a price-to-earnings ratio of 9.84 and a beta of -0.15.
About Landore Resources
Landore Resource’s strategic objective is to crystallise value from BAM’s last estimated NPV of US$333.6m @ US$1,800/oz spot (from May 2022 PEA), as well as generating additional value from its non-core portfolio of precious and battery metals projects in eastern Canada and the USA.
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