URU Metals Limited (LON:URU – Get Free Report) shares dropped 23.3% during mid-day trading on Wednesday. The company traded as low as GBX 2.50 and last traded at GBX 2.80. Approximately 3,645,298 shares changed hands during mid-day trading, an increase of 444% from the average daily volume of 670,606 shares. The stock had previously closed at GBX 3.65.
URU Metals Stock Up 0.9%
The company has a debt-to-equity ratio of 62.33, a current ratio of 0.08 and a quick ratio of 0.76. The stock has a market capitalization of £2.69 million, a P/E ratio of 1.39 and a beta of 0.12. The firm has a 50-day simple moving average of GBX 3.96 and a 200 day simple moving average of GBX 5.12.
About URU Metals
URU Metals Limited is involved in the exploration and development of mineral projects primarily in South Africa. The company explores for uranium, nickel, copper, and platinum group metals. Its flagship property is the Zebedelia Nickel Project located in the Limpopo Province of South Africa. The company was formerly known as Niger Uranium Limited and changed its name to URU Metals Limited. The company was incorporated in 2007 and is based in Toronto, Canada.
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