Kavango Resources Plc (LON:KAV – Get Free Report) fell 3% during mid-day trading on Wednesday . The stock traded as low as GBX 0.66 and last traded at GBX 0.66. 14,388 shares traded hands during mid-day trading, a decline of 99% from the average daily volume of 1,512,451 shares. The stock had previously closed at GBX 0.68.
Kavango Resources Stock Performance
The firm has a fifty day simple moving average of GBX 0.77 and a 200-day simple moving average of GBX 0.79. The company has a quick ratio of 5.87, a current ratio of 4.25 and a debt-to-equity ratio of 1.24. The company has a market cap of £30.56 million, a PE ratio of -1.46 and a beta of 0.27.
About Kavango Resources
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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