Energy Resources of Australia (ASX:ERA) Share Price Crosses Below Fifty Day Moving Average of $0.23

Energy Resources of Australia Limited (ASX:ERA)’s share price crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $0.23 and traded as low as $0.22. Energy Resources of Australia shares last traded at $0.22, with a volume of 54,732 shares trading hands.

The firm has a market capitalization of $113.90 million and a P/E ratio of -0.37. The business has a 50-day moving average of A$0.23 and a 200 day moving average of A$0.25.

About Energy Resources of Australia (ASX:ERA)

Energy Resources of Australia Ltd engages in producing and selling uranium oxide. The company holds interests in threes assets, such as the Ranger Stockpiles, the Ranger 3 Deeps underground resource, and the Jabiluka Mineral Lease. It sells its products to power utilities in the United States, Europe, China, Japan, South Korea, and the United Arab Emirates.

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