Kavango Resources Plc (LON:KAV – Get Free Report) shares rose 3.7% during mid-day trading on Wednesday . The company traded as high as GBX 0.67 and last traded at GBX 0.67. 754,133 shares traded hands during trading, a decline of 45% from the average session volume of 1,383,604 shares. The stock had previously closed at GBX 0.65.
Kavango Resources Stock Performance
The firm’s 50 day simple moving average is GBX 0.68 and its 200 day simple moving average is GBX 0.78. The firm has a market capitalization of £30.56 million, a price-to-earnings ratio of -1.46 and a beta of 0.27. The company has a debt-to-equity ratio of 1.24, a quick ratio of 5.87 and a current ratio of 4.25.
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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