Shares of Kavango Resources Plc (LON:KAV – Get Free Report) were down 12.5% on Wednesday . The stock traded as low as GBX 0.70 and last traded at GBX 0.70. 259,519 shares traded hands during trading, a decline of 84% from the average session volume of 1,631,349 shares. The stock had previously closed at GBX 0.80.
Kavango Resources Stock Performance
The stock’s 50-day moving average price is GBX 0.83 and its 200-day moving average price is GBX 0.79. The company has a market cap of £30.56 million, a P/E ratio of -1.46 and a beta of 0.22. The company has a debt-to-equity ratio of 1.24, a current ratio of 4.25 and a quick ratio of 5.87.
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. Kavango Resources Plc operates as a subsidiary of Purebond Ltd.
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