GreenX Metals (LON:GRX) Stock Price Up 2.7% - Still a Buy?

Key Points

• GreenX Metals Limited shares increased by 2.7% to GBX 37.50 ($0.50) during mid-day trading, with a notable decline in trading volume compared to the average.
• The company has a market cap of £107.66 million and a significant price-to-earnings ratio of -1,752.34.
• Based in Perth, Australia, GreenX Metals focuses on the exploration and evaluation of copper projects in Greenland.

GreenX Metals Limited (LON:GRX - ) shares rose 2.7% during mid-day trading on Thursday . The company traded as high as GBX 37.50 ($0.50) and last traded at GBX 37.50 ($0.50). Approximately 23,547 shares traded hands during trading, a decline of 22% from the average daily volume of 30,073 shares. The stock had previously closed at GBX 36.50 ($0.49).

GreenX Metals Trading Up 2.7%

The stock has a market cap of £107.66 million, a price-to-earnings ratio of -1,752.34 and a beta of 1.03. The business has a 50-day moving average of GBX 37.37 and a 200-day moving average of GBX 37.80. The company has a quick ratio of 2.70, a current ratio of 4.14 and a debt-to-equity ratio of 2.00.

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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