Neo Energy Metals (LON:NEO) Stock Price Down 6.7% – Time to Sell?

Neo Energy Metals Plc (LON:NEOGet Free Report)’s share price was down 6.7% on Monday . The company traded as low as GBX 0.85 and last traded at GBX 0.89. Approximately 11,898,178 shares traded hands during mid-day trading, a decline of 65% from the average daily volume of 33,962,414 shares. The stock had previously closed at GBX 0.95.

Analysts Set New Price Targets

Separately, Shore Capital Group restated a “house stock” rating on shares of Neo Energy Metals in a research report on Friday, July 24th.

Get Our Latest Analysis on NEO

Neo Energy Metals Stock Performance

The firm has a market capitalization of £24.74 million, a price-to-earnings ratio of 4.87 and a beta of 5.04. The company has a 50 day moving average price of GBX 0.89 and a two-hundred day moving average price of GBX 0.74.

Neo Energy Metals Company Profile

(Get Free Report)

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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