IronRidge Resources (LON:IRR) Trading Up 9.3%

IronRidge Resources Limited (LON:IRR)’s stock price traded up 9.3% during mid-day trading on Thursday . The company traded as high as GBX 24.40 ($0.30) and last traded at GBX 23.50 ($0.29). 2,577,673 shares changed hands during mid-day trading, an increase of 46% from the average session volume of 1,769,440 shares. The stock had previously closed at GBX 21.50 ($0.27).

IronRidge Resources Stock Performance

The stock has a market cap of £134.83 million and a P/E ratio of -39.17. The business has a 50 day simple moving average of GBX 23.50 and a 200-day simple moving average of GBX 23.50.

IronRidge Resources Company Profile

IronRidge Resources Limited explores for and develops mineral properties in Africa and Australia. It explores for lithium, bauxite, titania, and iron ore. The company's flagship project is Zaranou gold project, which includes 3,982 square kilometers of gold deposits and 774 square kilometers of lithium deposits located in Côte d'Ivoire, West Africa.