Kavango Resources Plc (LON:KAV – Get Free Report) dropped 6.7% during mid-day trading on Wednesday . The company traded as low as GBX 0.70 ($0.01) and last traded at GBX 0.70 ($0.01). Approximately 785,739 shares traded hands during trading, a decline of 57% from the average daily volume of 1,821,908 shares. The stock had previously closed at GBX 0.75 ($0.01).
Kavango Resources Price Performance
The stock has a market capitalization of £29.95 million, a price-to-earnings ratio of -6,837.98 and a beta of 0.69. The business’s fifty day moving average price is GBX 0.71 and its 200-day moving average price is GBX 0.73.
Kavango Resources Company Profile
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.
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