Clontarf Energy (LON:CLON) Shares Up 5.3% – Here’s What Happened

Clontarf Energy plc (LON:CLON)’s stock price shot up 5.3% during trading on Friday . The stock traded as high as GBX 0.02 and last traded at GBX 0.02. 11,587,313 shares were traded during mid-day trading, a decline of 69% from the average session volume of 36,898,461 shares. The stock had previously closed at GBX 0.02.

Clontarf Energy Trading Up 5.3%

The company has a market capitalization of £1.64 million, a price-to-earnings ratio of -6.67 and a beta of 0.28. The firm’s 50-day moving average price is GBX 0.02 and its 200 day moving average price is GBX 0.02.

About Clontarf Energy

Clontarf Energy plc, together with its subsidiaries, engages in the exploration, development, and production of oil and gas reserves and other related activities. It holds 60% interest in the Tano 2A Block covering an area of 1,532 square kilometers located in Ghana. The company also focuses on exploring and developing Bolivian salt-lakes. In addition, it focuses on liquefied natural gas reserves located in Western Australia. The company was incorporated in 2003 and is headquartered in Dublin, Ireland.