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1 Comment
Ncondezi Energy Limited is currently in a long term downtrend where the price is trading 32.6% below its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Energy sector with a price to sales ratio of 0.0.
Based on the above factors, Ncondezi Energy Limited gets an overall score of 1/5.
ISIN | VGG640631039 |
---|---|
CurrencyCode | GBP |
Exchange | LSE |
Industry | Thermal Coal |
Sector | Energy |
Market Cap | 5M |
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PE Ratio | None |
Beta | 1.05 |
Dividend Yield | 0.0% |
Target Price | 31 |
Ncondezi Energy Limited, a power development company, focuses on the phased development of thermal coal power plant and mine project in Mozambique. It operates through C&I Solar PV and Battery Storage Project; and Power Project and Mine Project segments. The company develops a 300MW integrated power plant and mine to produce and supply electricity to the Mozambican market. It is also involved in the exploration and development of coal mine. In addition, it builds and operated solar PV and battery storage solutions for commercial and industrial sectors. The company was formerly known as Ncondezi Coal Company Limited and changed its name to Ncondezi Energy Limited in July 2013. Ncondezi Energy Limited was incorporated in 2006 and is based in Road Town, the British Virgin Islands.
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