Shares of Kavango Resources Plc (LON:KAV – Get Free Report) fell 9.9% on Wednesday . The stock traded as low as GBX 0.86 and last traded at GBX 0.86. 1,715,164 shares traded hands during trading, a decline of 15% from the average session volume of 2,010,247 shares. The stock had previously closed at GBX 0.95.
Kavango Resources Stock Performance
The company has a market capitalization of £30.89 million, a price-to-earnings ratio of -1.25 and a beta of 0.69. The company’s fifty day simple moving average is GBX 0.84 and its two-hundred day simple moving average is GBX 0.80.
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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