URU Metals (LON:URU) Stock Price Up 12.6% – Here’s What Happened

URU Metals Limited (LON:URU)’s share price shot up 12.6% during mid-day trading on Wednesday . The stock traded as high as GBX 5.40 ($0.07) and last traded at GBX 5.35 ($0.07). 209,264 shares traded hands during mid-day trading, a decline of 9% from the average session volume of 229,837 shares. The stock had previously closed at GBX 4.75 ($0.06).

URU Metals Price Performance

The firm has a market cap of £88,275.00, a PE ratio of -2.48 and a beta of 0.12. The firm’s fifty day simple moving average is GBX 98.83 and its two-hundred day simple moving average is GBX 128.89. The company has a quick ratio of 0.76, a current ratio of 0.08 and a debt-to-equity ratio of 62.33.

URU Metals Company Profile

URU Metals Limited is involved in the exploration and development of mineral projects primarily in South Africa. The company explores for uranium, nickel, copper, and platinum group metals. Its flagship property is the Zebedelia Nickel Project located in the Limpopo Province of South Africa. The company was formerly known as Niger Uranium Limited and changed its name to URU Metals Limited.