Jameson Resources (ASX:JAL) Shares Down 7.1%

Shares of Jameson Resources Limited. (ASX:JAL) fell 7.1% during trading on Tuesday . The company traded as low as A$0.20 ($0.14) and last traded at A$0.20 ($0.14), 337,255 shares traded hands during mid-day trading. An increase of 1,256% from the average session volume of 24,880 shares. The stock had previously closed at A$0.21 ($0.15).

The company has a 50 day moving average of A$0.22. The company has a market cap of $51.44 million and a PE ratio of -195.00.

About Jameson Resources (ASX:JAL)

Jameson Resources Limited explores for and develops coal projects in Western Canada. The company explores for coking and thermal coal. Its flagship project is the 90% interest in the Crown Mountain project with six granted coal licenses covering an area of 3,562 hectares located in the Elk Valley coal field in south eastern British Columbia.

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