ECR Minerals (LON:ECR) Trading 11.6% Higher – Time to Buy?

ECR Minerals plc (LON:ECRGet Free Report)’s share price rose 11.6% during mid-day trading on Friday . The company traded as high as GBX 0.31 and last traded at GBX 0.31. Approximately 69,952,523 shares traded hands during mid-day trading, a decline of 30% from the average daily volume of 100,537,367 shares. The stock had previously closed at GBX 0.28.

ECR Minerals Stock Performance

The company has a 50 day moving average of GBX 0.25 and a 200-day moving average of GBX 0.24. The stock has a market cap of £7.97 million, a price-to-earnings ratio of -4.97 and a beta of 1.44.

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.

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