Clontarf Energy (LON:CLON) Stock Price Down 11.1% – Here’s What Happened

Clontarf Energy plc (LON:CLON)’s stock price dropped 11.1% during mid-day trading on Tuesday . The company traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 55,828,449 shares were traded during mid-day trading, a decline of 46% from the average daily volume of 102,663,859 shares. The stock had previously closed at GBX 0.05 ($0.00).

Clontarf Energy Trading Down 2.5 %

The company has a market capitalization of £2.84 million, a price-to-earnings ratio of -13.20 and a beta of -0.02. The company’s 50 day simple moving average is GBX 0.04 and its 200-day simple moving average is GBX 0.06.

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.