Neo Energy Metals Plc (LON:NEO – Get Free Report) shares fell 13.6% on Friday. The company traded as low as GBX 0.37 and last traded at GBX 0.38. 94,088,063 shares traded hands during mid-day trading, an increase of 208% from the average session volume of 30,559,520 shares. The stock had previously closed at GBX 0.44.
Wall Street Analyst Weigh In
Separately, Shore Capital Group restated a “house stock” rating on shares of Neo Energy Metals in a report on Tuesday, August 18th.
Read Our Latest Analysis on Neo Energy Metals
Neo Energy Metals Stock Performance
The firm’s 50 day simple moving average is GBX 0.64 and its 200-day simple moving average is GBX 0.72. The company has a market capitalization of £11.75 million, a price-to-earnings ratio of 2.09 and a beta of 4.99.
Neo Energy Metals Company Profile
Neo Energy Metals plc is a uranium and gold company listed on the London Stock Exchange Main Market (LSE: NEO) and the A2X Markets (A2X: NEO), with a JSE Main Board listing targeted for mid 2026. The Company holds two uranium projects in South Africa with a combined JORC- and SAMREC compliant resource of 31.5 million pounds U?O? and 1.2 million ounces of gold.
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