ECR Minerals (LON:ECR) Stock Price Down 4.5% – Here’s Why

ECR Minerals plc (LON:ECR) shares fell 4.5% during trading on Monday . The stock traded as low as GBX 0.17 and last traded at GBX 0.19. 116,521,352 shares were traded during mid-day trading, an increase of 312% from the average session volume of 28,247,803 shares. The stock had previously closed at GBX 0.20.

ECR Minerals Stock Down 4.5%

The company has a 50 day simple moving average of GBX 0.21 and a two-hundred day simple moving average of GBX 0.25. The company has a market capitalization of £6.84 million, a P/E ratio of -3.17 and a beta of 1.17.

ECR Minerals (LON:ECR) last posted its quarterly earnings data on Tuesday, June 30th. The company reported GBX (0.02) earnings per share (EPS) for the quarter.

About ECR Minerals

ECR Minerals plc, through its subsidiaries, engages in the exploration and development of mineral projects. The company holds 100% interests in the Bailieston, Creswick, and Tambo gold projects located in Victoria, Australia. It also holds 25% interest in the Danglay gold project located in the Philippines. The company was formerly known as Electrum Resources plc and changed its name to ECR Minerals plc in December 2010. The company was incorporated in 2004 and is based in London, the United Kingdom.