Mkango Resources Ltd. (LON:MKA – Get Free Report) shot up 12.2% on Monday . The stock traded as high as GBX 11.24 ($0.15) and last traded at GBX 11.19 ($0.14). 2,100,973 shares were traded during mid-day trading, an increase of 12% from the average session volume of 1,869,718 shares. The stock had previously closed at GBX 9.97 ($0.13).
Mkango Resources Price Performance
The company has a market capitalization of Ā£46.84 million, a price-to-earnings ratio of -14.13 and a beta of 2.17. The business has a fifty day moving average price of GBX 10.13 and a 200 day moving average price of GBX 7.97.
About Mkango Resources
Mkango released a Feasibility Study for Songwe Hill, Malawi, in July 2022.
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