Kavango Resources (LON:KAV) Shares Down 3.3% – Here’s What Happened

Posted by Donna Armstrong on Mar 29th, 2026

Kavango Resources Plc (LON:KAV – Get Free Report) traded down 3.3% during mid-day trading on Friday . The stock traded as low as GBX 0.70 and last traded at GBX 0.70. 6,917,270 shares traded hands during trading, an increase of 204% from the average session volume of 2,278,122 shares. The stock had previously closed at GBX 0.73.

Kavango Resources Stock Down 3.3%

The stock has a fifty day moving average of GBX 0.82 and a two-hundred day moving average of GBX 0.83. The stock has a market cap of £25.48 million, a price-to-earnings ratio of -1.03 and a beta of 0.69.

Insiders Place Their Bets

In other Kavango Resources news, insider Peter Wynter Bee acquired 4,502,662 shares of the company’s stock in a transaction dated Wednesday, January 7th. The stock was acquired at an average cost of GBX 1 per share, with a total value of £45,026.62. Company insiders own 9.99% of the company’s stock.

Kavango Resources Company Profile

(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. Kavango Resources Plc operates as a subsidiary of Purebond Ltd.