Landore Resources Limited (LON:LND – Get Free Report) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 3.76 ($0.05) and traded as low as GBX 3.30 ($0.04). Landore Resources shares last traded at GBX 3.35 ($0.04), with a volume of 294,961 shares.
Landore Resources Price Performance
The firm’s 50-day simple moving average is GBX 3.93 and its two-hundred day simple moving average is GBX 3.76. The company has a market capitalization of £10.67 million, a price-to-earnings ratio of -2.89 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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