Clontarf Energy plc (LON:CLON – Get Free Report) shares dropped 13.8% on Wednesday . The company traded as low as GBX 0.03 and last traded at GBX 0.03. Approximately 45,617,863 shares changed hands during mid-day trading, a decline of 46% from the average daily volume of 83,788,031 shares. The stock had previously closed at GBX 0.03.
Clontarf Energy Price Performance
The firm’s 50-day moving average price is GBX 0.02 and its 200-day moving average price is GBX 0.03. The stock has a market cap of £2.05 million, a P/E ratio of -8.33 and a beta of -0.02.
Clontarf Energy Company Profile
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.
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