Neo Energy Metals (LON:NEO) Hits New 1-Year Low – Time to Sell?

Shares of Neo Energy Metals Plc (LON:NEO – Get Free Report) hit a new 52-week low during trading on Monday. The stock traded as low as GBX 0.50 and last traded at GBX 0.52, with a volume of 41,312,047 shares. The stock had previously closed at GBX 0.55.

Analysts Set New Price Targets

Separately, Shore Capital Group restated a “house stock” rating on shares of Neo Energy Metals in a research report on Tuesday, August 18th.

View Our Latest Report on Neo Energy Metals

Neo Energy Metals Stock Down 0.6%

The business has a fifty day moving average of GBX 0.78 and a 200 day moving average of GBX 0.85. The firm has a market cap of £16.29 million, a P/E ratio of 2.90 and a beta of 4.99.

About Neo Energy Metals

(Get Free Report)

Neo Energy Metals plc is a uranium and gold company listed on the London Stock Exchange Main Market (LSE: NEO) and the A2X Markets (A2X: NEO), with a JSE Main Board listing targeted for mid 2026. The Company holds two uranium projects in South Africa with a combined JORC- and SAMREC compliant resource of 31.5 million pounds U₃O₈ and 1.2 million ounces of gold.

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