Landore Resources Limited (LON:LND – Get Free Report) shares rose 15.9% on Friday . The company traded as high as GBX 2.88 and last traded at GBX 2.84. Approximately 8,408,290 shares were traded during mid-day trading, a decline of 50% from the average daily volume of 16,850,703 shares. The stock had previously closed at GBX 2.45.
Landore Resources Stock Performance
The company has a market cap of £10.03 million, a P/E ratio of 14.21 and a beta of -0.15. The company’s fifty day moving average is GBX 3.74 and its 200 day moving average is GBX 3.73.
Landore Resources Company Profile
Landore Resource’s strategic objective is to crystallise value from BAM’s last estimated NPV of US$333.6m @ US$1,800/oz spot (from May 2022 PEA), as well as generating additional value from its non-core portfolio of precious and battery metals projects in eastern Canada and the USA.
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