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New Concept Energy, Inc. Reports Second Quarter 2026 Results
Business Wire (Mon, 10-Aug 5:00 PM ET)
New Concept Energy Inc is a United States-based company engaged in Real Estate Operations. It intends to continue to operate and or sell its West Virginia property. It provides advisory and management services for an independent West Virginia oil and gas company. The Company seeks to establish or acquire new business operations.
New Concept Energy trades on the AMEX stock market under the symbol GBR.
As of August 21, 2026, GBR stock price climbed to $0.81 with 50,633 million shares trading.
GBR has a beta of -0.25, meaning it tends to be less sensitive to market movements. GBR has a correlation of 0.00 to the broad based SPY ETF.
GBR has a market cap of $4.16 million. This is considered a Sub-Micro Cap stock.
In the last 3 years, GBR traded as high as $1.82 and as low as $.62.
The top ETF exchange traded funds that GBR belongs to (by Net Assets): VXF, BUSM.
GBR has underperformed the market in the last year with a return of -5.8%, while the SPY ETF gained +21.7%. In the last 3 month period, GBR fell short of the market, returning +1.9%, while SPY returned +3.4%. However, in the most recent 2 weeks GBR has outperformed the stock market by returning +18.2%, while SPY returned -1.0%.
GBR support price is $.74 and resistance is $.82 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GBR shares will trade within this expected range on the day.
