ECR Minerals (LON:ECR) Trading Down 6.9% – Here’s Why

Shares of ECR Minerals plc (LON:ECRGet Free Report) dropped 6.9% during mid-day trading on Wednesday . The stock traded as low as GBX 0.20 and last traded at GBX 0.22. Approximately 59,317,773 shares were traded during trading, an increase of 68% from the average daily volume of 35,244,309 shares. The stock had previously closed at GBX 0.23.

ECR Minerals Price Performance

The company has a market capitalization of £8.01 million, a PE ratio of -3.77 and a beta of 1.44. The company’s fifty day moving average is GBX 0.25 and its 200-day moving average is GBX 0.27.

About ECR Minerals

(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.

Further Reading

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