Kendrick Resources (LON:KEN) Hits New 12-Month Low – Should You Sell?

Kendrick Resources PLC (LON:KEN)’s stock price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 0.25 ($0.00) and last traded at GBX 0.25 ($0.00), with a volume of 517 shares traded. The stock had previously closed at GBX 0.27 ($0.00).

Kendrick Resources Trading Down 5.7 %

The company has a quick ratio of 16.01, a current ratio of 0.30 and a debt-to-equity ratio of 2.33. The business’s 50 day moving average is GBX 0.27 and its 200-day moving average is GBX 0.42. The firm has a market cap of £625,620.00, a P/E ratio of -0.55 and a beta of -1.19.

Kendrick Resources Company Profile

Kendrick Resources PLC engages in the engages in the exploitation and development of mineral resources. It explores for nickel, cobalt, copper, and vanadium. The company's projects include the Airijoki Vanadium project in Sweden; the Central Sweden projects covering a combined area of 197.2 square kilometers in Sweden; the Koitelainen Vosa Vanadium Project comprising a single granted exploration permit covering 13.72 square kilometers located in Finland; and the Karhujupukka Vanadium and Nickel project that comprises two granted exploration permits covering a combined area of 6.5 square kilometers in Finland.