Argos Resources (LON:ARG) Stock Price Crosses Below Two Hundred Day Moving Average of $1.22

Shares of Argos Resources Ltd (LON:ARGGet Rating) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1.22 ($0.02) and traded as low as GBX 0.43 ($0.01). Argos Resources shares last traded at GBX 0.65 ($0.01), with a volume of 676,917 shares changing hands.

Argos Resources Stock Performance

The firm has a market capitalization of £1.53 million, a P/E ratio of -11.20 and a beta of 0.97. The firm has a 50 day moving average price of GBX 1.01 and a two-hundred day moving average price of GBX 1.22.

About Argos Resources

(Get Rating)

Argos Resources Ltd engages in the exploration of oil and gas properties in the Falkland Islands. It holds a 100% interest in license PL001 covering an area of approximately 1,126 square kilometers located in the North Falkland Basin. The company was founded in 1995 and is based in Stanley, the Falkland Islands.

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