Ormonde Mining plc (LON:ORM)’s stock price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 2.30 ($0.03) and last traded at GBX 2.45 ($0.03), with a volume of 385290 shares traded. The stock had previously closed at GBX 2.45 ($0.03).
Separately, Shore Capital reissued a “not rated” rating on shares of Ormonde Mining in a research report on Wednesday, June 19th.
The company has a 50 day moving average price of GBX 3.13. The company has a market capitalization of $11.58 million and a PE ratio of -24.50.
Ormonde Mining plc engages in the acquisition, exploration, and development of mineral resource projects in Spain. The company holds a 30% interest in the Barruecopardo tungsten project located in the Salamanca province in western Spain. It also has 100% interest in the La Zarza project, a sulphide deposit with copper, zinc, and gold resources in the Iberian Pyrite Belt mining district in southwest Spain, as well as carries out gold exploration in the Salamanca and Zamora provinces in Spain.
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