GreenX Metals (LON:GRX) Shares Up 1.2% – Should You Buy?

GreenX Metals Limited (LON:GRX) was up 1.2% on Thursday . The company traded as high as GBX 42.50 ($0.55) and last traded at GBX 42.50 ($0.55). Approximately 20,000 shares changed hands during trading, an increase of 7% from the average daily volume of 18,607 shares. The stock had previously closed at GBX 42 ($0.54).

GreenX Metals Stock Down 1.2 %

The firm has a fifty day simple moving average of GBX 40.56 and a 200-day simple moving average of GBX 37.90. The company has a market capitalization of £234.46 million, a PE ratio of -51.32 and a beta of 1.03. The company has a debt-to-equity ratio of 2.00, a quick ratio of 2.70 and a current ratio of 4.14.

GreenX Metals (LON:GRX) last issued its quarterly earnings results on Wednesday, March 12th. The company reported GBX (0.75) (($0.01)) earnings per share (EPS) for the quarter. GreenX Metals had a negative return on equity of 27.68% and a negative net margin of 989.60%.

About GreenX Metals

GreenX Metals Limited engages in the exploration for and evaluation of arctic rift copper project in Greenland. The company was incorporated in 1957 and is based in Perth, Australia. GreenX Metals Limited operates as a subsidiary of BNP Paribas Nominees PTY Ltd Acf Clearstream.