IronRidge Resources (LON:IRR) Shares Cross Above 50 Day Moving Average – Should You Sell?

IronRidge Resources Limited (LON:IRRGet Free Report) shares passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 23.50 ($0.30) and traded as high as GBX 24.40 ($0.31). IronRidge Resources shares last traded at GBX 23.50 ($0.30), with a volume of 2,577,673 shares changing hands.

IronRidge Resources Stock Performance

The firm has a 50-day moving average price of GBX 23.50 and a two-hundred day moving average price of GBX 23.50. The firm has a market cap of £134.83 million and a price-to-earnings ratio of -39.17.

IronRidge Resources Company Profile

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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.

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