Clontarf Energy (LON:CLON) Hits New 52-Week Low – Here’s What Happened
by Michael Walen · The Markets DailyClontarf Energy plc (LON:CLON – Get Free Report) hit a new 52-week low on Monday . The company traded as low as GBX 0.02 and last traded at GBX 0.02, with a volume of 1230600 shares trading hands. The stock had previously closed at GBX 0.02.
Clontarf Energy Trading Down 5.0%
The business has a 50 day simple moving average of GBX 0.02 and a two-hundred day simple moving average of GBX 0.02. The stock has a market cap of £1.56 million, a price-to-earnings ratio of -6.33 and a beta of 0.28.
About Clontarf Energy
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.