Kavango Resources Plc (LON:KAV – Get Free Report)’s stock price was down 12.5% on Wednesday . The company traded as low as GBX 0.70 and last traded at GBX 0.70. 259,519 shares changed hands during trading, a decline of 84% from the average session volume of 1,631,349 shares. The stock had previously closed at GBX 0.80.
Kavango Resources Trading Down 12.5%
The company has a debt-to-equity ratio of 1.24, a quick ratio of 5.87 and a current ratio of 4.25. The company has a market capitalization of £30.56 million, a price-to-earnings ratio of -1.46 and a beta of 0.22. The firm has a fifty day moving average price of GBX 0.83 and a 200-day moving average price of GBX 0.79.
Kavango Resources Company Profile
Kavango Resources Plc, together with its subsidiaries, engages in the exploration of base and precious metals in Botswana and Zimbabwe. It explores for nickel, copper, silver, platinum, iron, gold, uranium, and rare earth deposits. The company was incorporated in 2017 and is based in London, the United Kingdom. Kavango Resources Plc operates as a subsidiary of Purebond Ltd.
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