Clontarf Energy (LON:CLON) Sets New 1-Year Low – Time to Sell?

Clontarf Energy plc (LON:CLONGet Free Report) reached a new 52-week low on Monday . The stock traded as low as GBX 0.02 and last traded at GBX 0.02, with a volume of 1230600 shares. The stock had previously closed at GBX 0.02.

Clontarf Energy Stock Down 10.5%

The company has a market cap of £1.39 million, a price-to-earnings ratio of -5.67 and a beta of 0.28. The company’s fifty day moving average price is GBX 0.02 and its two-hundred day moving average price is GBX 0.02.

Clontarf Energy Company Profile

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Clontarf Energy plc, together with its subsidiaries, engages in the exploration, development, and production of oil and gas reserves and other related activities. It holds 60% interest in the Tano 2A Block covering an area of 1,532 square kilometers located in Ghana. The company also focuses on exploring and developing Bolivian salt-lakes. In addition, it focuses on liquefied natural gas reserves located in Western Australia. The company was incorporated in 2003 and is headquartered in Dublin, Ireland.

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