ECR Minerals (LON:ECR) Trading Down 9.3% – Here’s Why

Shares of ECR Minerals plc (LON:ECR) were down 9.3% during mid-day trading on Monday . The company traded as low as GBX 0.25 and last traded at GBX 0.26. Approximately 14,850,170 shares were traded during trading, a decline of 67% from the average daily volume of 45,445,949 shares. The stock had previously closed at GBX 0.29.

ECR Minerals Trading Up 7.1%

The stock has a 50-day simple moving average of GBX 0.26 and a 200-day simple moving average of GBX 0.26. The company has a market cap of £8.46 million, a price-to-earnings ratio of -4.28 and a beta of 1.44.

ECR Minerals (LON:ECR) last announced its quarterly earnings results on Thursday, March 5th. The company reported GBX (0.06) earnings per share (EPS) for the quarter.

ECR Minerals Company Profile

ECR Minerals plc, through its subsidiaries, engages in the exploration and development of mineral projects. The company holds 100% interests in the Bailieston, Creswick, and Tambo gold projects located in Victoria, Australia. It also holds 25% interest in the Danglay gold project located in the Philippines. The company was formerly known as Electrum Resources plc and changed its name to ECR Minerals plc in December 2010. The company was incorporated in 2004 and is based in London, the United Kingdom.