ECR Minerals (LON:ECR) Shares Down 8% – Time to Sell?

ECR Minerals plc (LON:ECRGet Free Report) shares dropped 8% during trading on Wednesday . The company traded as low as GBX 0.23 and last traded at GBX 0.23. Approximately 31,874,232 shares were traded during mid-day trading, a decline of 15% from the average daily volume of 37,363,309 shares. The stock had previously closed at GBX 0.25.

ECR Minerals Trading Down 8.0%

The stock has a market capitalization of £7.57 million, a price-to-earnings ratio of -3.83 and a beta of 1.44. The stock’s 50 day moving average is GBX 0.25 and its two-hundred day moving average is GBX 0.27.

ECR Minerals (LON:ECRGet Free Report) last posted its quarterly earnings data on Thursday, March 5th. The company reported GBX (0.06) EPS for the quarter.

ECR Minerals Company Profile

(Get Free Report)

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.

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