Clontarf Energy (LON:CLON) Reaches New 52-Week Low – Should You Sell?

Clontarf Energy plc (LON:CLON – Get Free Report) reached a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 0.02 and last traded at GBX 0.02, with a volume of 1129481 shares trading hands. The stock had previously closed at GBX 0.02.

Clontarf Energy Stock Up 11.1%

The business’s 50 day moving average is GBX 0.02 and its 200 day moving average is GBX 0.02. The company has a market cap of £1.64 million, a P/E ratio of -6.67 and a beta of 0.41.

About Clontarf Energy

(Get Free Report)

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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