Kendrick Resources (LON:KEN) Hits New 1-Year High – Here’s What Happened

Kendrick Resources PLC (LON:KEN) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 9.70 and last traded at GBX 8.65, with a volume of 21999838 shares. The stock had previously closed at GBX 8.30.

Kendrick Resources Trading Up 4.2%

The company has a quick ratio of 16.01, a current ratio of 0.04 and a debt-to-equity ratio of -21.25. The business’s fifty day moving average is GBX 3.90 and its 200-day moving average is GBX 1.90. The stock has a market capitalization of £32.30 million, a PE ratio of -9.51 and a beta of 1.08.

Kendrick Resources (LON:KEN) last posted its quarterly earnings data on Wednesday, April 29th. The company reported GBX (0.91) EPS for the quarter. Kendrick Resources had a negative net margin of 227,572.12% and a positive return on equity of 9,279.39%.

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.