Argos Resources Ltd (LON:ARG) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $2.97 and traded as low as $2.62. Argos Resources shares last traded at $2.62, with a volume of 733 shares trading hands.

The business has a 50-day moving average price of GBX 2.94 and a 200 day moving average price of GBX 2.97. The stock has a market cap of $6.11 million and a PE ratio of 13.85.

About Argos Resources (LON:ARG)

Argos Resources Ltd, together with its subsidiary, explores for oil and gas in the Falkland Islands. The company holds a royalty interest in the production license PL001 covering an area of approximately 1,126 square kilometers located in the North Falkland Basin. Argos Resources Ltd was founded in 1995 and is based in Stanley, the Falkland Islands.

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