Celsius Resources (LON:CLA) Shares Down 8.8% – What’s Next?

Celsius Resources Limited (LON:CLA) fell 8.8% during mid-day trading on Monday . The stock traded as low as GBX 0.52 ($0.01) and last traded at GBX 0.52 ($0.01). 240,000 shares traded hands during trading, a decline of 77% from the average session volume of 1,058,267 shares. The stock had previously closed at GBX 0.57 ($0.01).

Celsius Resources Trading Down 8.8%

The company’s fifty day moving average is GBX 0.45 and its 200-day moving average is GBX 0.37. The firm has a market capitalization of £16.30 million, a P/E ratio of -1.86 and a beta of 0.69.

Celsius Resources Company Profile

Celsius Resources Limited is an ASX and LSE listed exploration and development company focusing on its portfolio of copper-gold assets located in the Philippines.

The Company’s flagship project is the Maalinao-CaigutanBiyog (MCB) Project, a world-class copper-gold project which is situated on the country’s main island – about 320 km north of Manila.