Landore Resources Limited (LON:LND – Get Free Report)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 3.74 ($0.05) and traded as low as GBX 3.22 ($0.04). Landore Resources shares last traded at GBX 3.27 ($0.04), with a volume of 105,651 shares trading hands.
Landore Resources Stock Performance
The stock has a market cap of £10.51 million, a price-to-earnings ratio of -2.84 and a beta of -0.15. The company’s 50 day simple moving average is GBX 3.81 and its two-hundred day simple moving average is GBX 3.74.
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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