Toro Energy (OTCMKTS:TOEYF) Shares Down 7.2% – Should You Sell?

Shares of Toro Energy Ltd. (OTCMKTS:TOEYFGet Free Report) traded down 7.2% during mid-day trading on Monday . The company traded as low as $0.2860 and last traded at $0.2860. 12,341 shares changed hands during trading, a decline of 37% from the average session volume of 19,591 shares. The stock had previously closed at $0.3082.

Toro Energy Stock Down 7.2%

The company’s fifty day simple moving average is $0.28 and its 200 day simple moving average is $0.19.

Toro Energy Company Profile

(Get Free Report)

Toro Energy (OTCMKTS:TOEYF) is an Australia‐based company focused on the exploration and development of uranium and rare earth mineral projects. Headquartered in Perth, Western Australia, Toro Energy advances its projects from early exploration through to feasibility and permitting stages, targeting markets that require secure long‐term supplies of nuclear fuel and critical minerals. The company maintains a technical team that applies modern geological and metallurgical methods to assess resource potential and project viability.

The company’s flagship asset is the Wiluna Uranium Project, located in the northern Goldfields region of Western Australia.

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