GreenX Metals (LON:GRX) Shares Down 2.5% - What's Next?

Key Points

• GreenX Metals Limited's shares fell by 2.5% on Thursday, trading at GBX 38.01 ($0.50) with a significant trading volume increase of 175% compared to its average daily volume.
• The company's market capitalization is approximately £219.99 million, with a negative P/E ratio of -48.16, indicating financial challenges.
• GreenX Metals is focused on exploration and evaluation of an arctic rift copper project in Greenland and has been operating as a subsidiary of BNP Paribas Nominees.

GreenX Metals Limited (LON:GRX - )'s share price was down 2.5% on Thursday . The stock traded as low as GBX 38.01 ($0.50) and last traded at GBX 38.01 ($0.50). Approximately 79,166 shares traded hands during mid-day trading, an increase of 175% from the average daily volume of 28,821 shares. The stock had previously closed at GBX 39 ($0.52).

GreenX Metals Stock Performance

The stock has a market capitalization of £219.99 million, a P/E ratio of -48.16 and a beta of 1.03. The company's fifty day simple moving average is GBX 36.35 and its two-hundred day simple moving average is GBX 38.59. The company has a debt-to-equity ratio of 2.00, a quick ratio of 2.70 and a current ratio of 4.14.

GreenX Metals Company Profile

GreenX Metals Limited engages in the exploration for and evaluation of arctic rift copper project in Greenland. The company was incorporated in 1957 and is based in Perth, Australia. GreenX Metals Limited operates as a subsidiary of BNP Paribas Nominees PTY Ltd Acf Clearstream.

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