Kavango Resources (LON:KAV) Hits New 1-Year Low – Time to Sell?

Kavango Resources Plc (LON:KAVGet Free Report) reached a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 0.60 ($0.01) and last traded at GBX 0.60 ($0.01), with a volume of 48465 shares. The stock had previously closed at GBX 0.61 ($0.01).

Kavango Resources Stock Down 1.8 %

The firm has a market capitalization of £22.89 million, a price-to-earnings ratio of -5,226.48 and a beta of 0.69. The company’s 50 day moving average price is GBX 0.76 and its 200 day moving average price is GBX 0.86.

About Kavango Resources

(Get Free Report)

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.

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