Neo Energy Metals (LON:NEO) Reaches New 1-Year High – Still a Buy?

Neo Energy Metals Plc (LON:NEOGet Free Report) hit a new 52-week high on Thursday . The stock traded as high as GBX 1.20 and last traded at GBX 1.11, with a volume of 58821441 shares changing hands. The stock had previously closed at GBX 1.07.

Analysts Set New Price Targets

Separately, Shore Capital Group reaffirmed a “house stock” rating on shares of Neo Energy Metals in a report on Wednesday.

Get Our Latest Research Report on Neo Energy Metals

Neo Energy Metals Trading Up 3.7%

The firm’s 50 day moving average is GBX 0.91 and its two-hundred day moving average is GBX 0.70. The firm has a market cap of £29.06 million, a P/E ratio of 6.10 and a beta of 5.05.

About Neo Energy Metals

(Get Free Report)

Neo Energy Metals plc is a uranium and gold company listed on the London Stock Exchange Main Market (LSE: NEO) and the A2X Markets (A2X: NEO), with a JSE Main Board listing targeted for mid 2026. The Company holds two uranium projects in South Africa with a combined JORC- and SAMREC compliant resource of 31.5 million pounds U₃O₈ and 1.2 million ounces of gold.

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