Kendrick Resources (LON:KEN) Insider Acquires £128,000 in Stock

Kendrick Resources PLC (LON:KEN) insider Colin Bird acquired 6,400,000 shares of the company’s stock in a transaction dated Tuesday, February 24th. The stock was acquired at an average cost of GBX 2 per share, with a total value of £128,000.

Kendrick Resources Stock Down 4.0%

Shares of KEN opened at GBX 2.50 on Friday. The business’s 50 day moving average is GBX 0.83 and its 200 day moving average is GBX 0.48. The company has a current ratio of 0.30, a quick ratio of 16.01 and a debt-to-equity ratio of 2.33. Kendrick Resources PLC has a 12-month low of GBX 0.15 and a 12-month high of GBX 2.64. The company has a market capitalization of £7.32 million, a PE ratio of -1.85 and a beta of -1.19.

About Kendrick Resources

Kendrick Resources PLC engages in the engages in the exploitation and development of mineral resources. It explores for nickel, cobalt, copper, and vanadium. The company's projects include the Airijoki Vanadium project in Sweden; the Central Sweden projects covering a combined area of 197.2 square kilometers in Sweden; the Koitelainen Vosa Vanadium Project comprising a single granted exploration permit covering 13.72 square kilometers located in Finland; and the Karhujupukka Vanadium and Nickel project that comprises two granted exploration permits covering a combined area of 6.5 square kilometers in Finland.