Kendrick Resources (LON:KEN) Trading Up 9.8% – Here’s Why

Posted by Alanna Baker on May 7th, 2026

Kendrick Resources PLC (LON:KEN – Get Free Report) shares were up 9.8% during mid-day trading on Thursday . The stock traded as high as GBX 2.79 and last traded at GBX 2.79. Approximately 1,340,340 shares traded hands during trading, a decline of 74% from the average daily volume of 5,165,124 shares. The stock had previously closed at GBX 2.54.

Kendrick Resources Stock Up 26.8%

The firm has a market cap of £10.77 million, a P/E ratio of -3.54 and a beta of 1.08. The company has a quick ratio of 16.01, a current ratio of 0.04 and a debt-to-equity ratio of -21.25. The firm has a fifty day moving average of GBX 2.66 and a 200-day moving average of GBX 1.25.

Kendrick Resources (LON:KEN – Get Free Report) last released its earnings results on Wednesday, April 29th. The company reported GBX (0.91) earnings per share (EPS) for the quarter. Kendrick Resources had a positive return on equity of 9,279.39% and a negative net margin of 227,572.12%.

Insider Buying and Selling at Kendrick Resources

In related news, insider Martyn John Churchouse bought 2,136,200 shares of the company’s stock in a transaction that occurred on Tuesday, February 24th. The shares were acquired at an average price of GBX 2 per share, for a total transaction of £42,724. Also, insider Kjeld Thygesen purchased 1,837,500 shares of the stock in a transaction on Tuesday, February 24th. The shares were acquired at an average cost of GBX 2 per share, for a total transaction of £36,750. Insiders have purchased a total of 11,936,200 shares of company stock valued at $23,872,400 in the last ninety days. Insiders own 19.00% of the company’s stock.

Kendrick Resources Company Profile

(Get Free Report)

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.