GreenX Metals (LON:GRX) Shares Up 7.9% – Time to Buy?

GreenX Metals Limited (LON:GRXGet Free Report) shares traded up 7.9% during mid-day trading on Monday . The stock traded as high as GBX 41 ($0.55) and last traded at GBX 41 ($0.55). 231,934 shares were traded during trading, an increase of 1,134% from the average session volume of 18,789 shares. The stock had previously closed at GBX 38 ($0.51).

GreenX Metals Stock Up 7.9%

The company has a debt-to-equity ratio of 2.00, a quick ratio of 2.70 and a current ratio of 4.14. The firm has a market capitalization of £237.35 million, a PE ratio of -51.96 and a beta of 1.03. The company has a fifty day moving average price of GBX 40.53 and a 200-day moving average price of GBX 38.23.

GreenX Metals (LON:GRXGet Free Report) last released its quarterly earnings results on Wednesday, March 12th. The company reported GBX (0.75) (($0.01)) earnings per share (EPS) for the quarter. GreenX Metals had a negative net margin of 989.60% and a negative return on equity of 27.68%.

GreenX Metals Company Profile

(Get Free Report)

GreenX Metals Limited engages in the exploration for and evaluation of arctic rift copper project in Greenland. The company was incorporated in 1957 and is based in Perth, Australia. GreenX Metals Limited operates as a subsidiary of BNP Paribas Nominees PTY Ltd Acf Clearstream.

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