Neo Energy Metals Plc (LON:NEO – Get Free Report)’s stock price dropped 13.6% during mid-day trading on Friday. The stock traded as low as GBX 0.37 and last traded at GBX 0.38. 94,088,063 shares were traded during mid-day trading, an increase of 208% from the average session volume of 30,559,520 shares. The stock had previously closed at GBX 0.44.
Wall Street Analysts Forecast Growth
Separately, Shore Capital Group restated a “house stock” rating on shares of Neo Energy Metals in a research note on Tuesday, August 18th.
Read Our Latest Research Report on NEO
Neo Energy Metals Stock Performance
The stock’s 50-day moving average price is GBX 0.63 and its two-hundred day moving average price is GBX 0.72. The stock has a market capitalization of £11.75 million, a PE ratio of 2.09 and a beta of 5.01.
About Neo Energy Metals
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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