Katanga Mining Limited (KAT.TO) (TSE:KAT) Trading Up 3.2% – Still a Buy?

Katanga Mining Limited (KAT.TO) (TSE:KAT) shares traded up 3.2% during trading on Monday . The company traded as high as C$0.16 and last traded at C$0.16. 130,750 shares changed hands during trading, a decline of 76% from the average session volume of 543,490 shares. The stock had previously closed at C$0.16.

Katanga Mining Limited (KAT.TO) Stock Performance

The company has a current ratio of 0.98, a quick ratio of 0.55 and a debt-to-equity ratio of 62.65. The company has a market cap of C$9.79 billion and a PE ratio of -0.83. The business’s 50 day moving average is C$0.16.

Katanga Mining Limited (KAT.TO) Company Profile

Katanga Mining Limited, through its subsidiaries, engages in the copper and cobalt mining, and related activities in the Democratic Republic of Congo. It is involved in the exploration, mining, refurbishment, rehabilitation, development, and operation of the Kamoto/Mashamba East mining complex; the Kamoto Oliveira Virgule copper and cobalt mine; T17 open pit and underground mines; various oxide open pit resources; the Kamoto concentrator; and the Luilu metallurgical plant.