Shares of Reabold Resources Plc (LON:RBD – Get Free Report) fell 10.6% on Tuesday . The stock traded as low as GBX 0.11 and last traded at GBX 0.11. 54,101,820 shares were traded during trading, a decline of 80% from the average session volume of 268,222,813 shares. The stock had previously closed at GBX 0.12.
Reabold Resources Stock Down 17.6%
The company has a market capitalization of £10.50 million, a PE ratio of -5.15 and a beta of 1.44. The company has a quick ratio of 34.15, a current ratio of 45.39 and a debt-to-equity ratio of 0.16. The firm has a 50-day moving average of GBX 0.07 and a two-hundred day moving average of GBX 0.06.
About Reabold Resources
As an investor in upstream oil & gas projects, Reabold aims to create value from each project by investing in undervalued, low-risk, near-term upstream oil & gas projects and by identifying a clear exit plan prior to investment.
Reabold’s long term strategy is to re-invest capital made through its investments into larger projects in order to grow the Company.
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