Kavango Resources Plc (LON:KAV – Get Free Report) traded down 7.4% during mid-day trading on Wednesday . The stock traded as low as GBX 0.67 and last traded at GBX 0.67. 1,000,000 shares changed hands during mid-day trading, a decline of 25% from the average session volume of 1,329,514 shares. The stock had previously closed at GBX 0.72.
Kavango Resources Stock Down 7.4%
The company has a debt-to-equity ratio of 1.24, a current ratio of 4.25 and a quick ratio of 5.87. The firm’s 50-day moving average price is GBX 0.67 and its 200 day moving average price is GBX 0.76. The firm has a market capitalization of £29.30 million, a price-to-earnings ratio of -1.40 and a beta of 0.29.
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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