ADM Energy (LON:ADME) Trading Down 3.8%

ADM Energy plc (LON:ADME – Get Rating)’s stock price dropped 3.8% during trading on Friday . The stock traded as low as GBX 0.60 ($0.01) and last traded at GBX 0.63 ($0.01). Approximately 209,202 shares were traded during mid-day trading, a decline of 5% from the average daily volume of 221,070 shares. The stock had previously closed at GBX 0.65 ($0.01).

ADM Energy Stock Performance

The company’s 50 day moving average is GBX 0.65 and its 200 day moving average is GBX 0.70. The firm has a market cap of £1.86 million and a P/E ratio of -0.10. The company has a debt-to-equity ratio of 4.45, a quick ratio of 0.16 and a current ratio of 0.18.

ADM Energy Company Profile

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ADM Energy plc operates as a natural resource investment company. The company has interests in OML 113, an offshore license that covers an area of 835 square kilometers; and OML 141, an oil mining license covering an area of 1,295 square kilometers located in Nigeria. It also invests in minerals, metals, and oil and gas projects.