Coro Energy (CORO) Trading 8.3% Higher

Coro Energy Plc (LON:CORO) shares traded up 8.3% during trading on Tuesday . The company traded as high as GBX 2.30 ($0.03) and last traded at GBX 2.28 ($0.03). 2,338,662 shares traded hands during trading, an increase of ∞ from the average session volume of 0 shares. The stock had previously closed at GBX 2.10 ($0.03).

The company has a market cap of $16.35 million and a P/E ratio of -0.69.

In related news, insider James Menzies acquired 250,000 shares of the company’s stock in a transaction dated Monday, February 18th. The stock was bought at an average price of GBX 2 ($0.03) per share, with a total value of £5,000 ($6,533.39).

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Coro Energy Company Profile (LON:CORO)

Coro Energy plc engages in the exploration and production of natural gas in Northern Italy. The company has operations in Sillaro, Bezzecca, and Sant'Alberto, Italy. Its licenses cover an area of approximately 65.5 square kilometers, and combined proved and probable reserves. The company was formerly known as Saffron Energy Plc and changed its name to Coro Energy plc in April 2018.

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