Argos Resources (LON:ARG) Stock Passes Below 200-Day Moving Average of $2.05

Argos Resources Ltd (LON:ARGGet Rating) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 2.05 ($0.03) and traded as low as GBX 1.44 ($0.02). Argos Resources shares last traded at GBX 1.70 ($0.02), with a volume of 87,820 shares changing hands.

Argos Resources Price Performance

The stock has a market cap of £4.00 million and a P/E ratio of -17.00. The firm’s fifty day moving average price is GBX 1.83 and its two-hundred day moving average price is GBX 2.05.

Argos Resources Company Profile

(Get Rating)

Argos Resources Ltd engages in the exploration of oil and gas properties in the Falkland Islands. It holds a 100% interest in license PL001 covering an area of approximately 1,126 square kilometers located in the North Falkland Basin. The company was founded in 1995 and is based in Stanley, the Falkland Islands.

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