Kendrick Resources (LON:KEN) Stock Price Up 7.9% – Still a Buy?

Posted by Casey Walker on May 14th, 2026

Kendrick Resources PLC (LON:KEN – Get Free Report) shot up 7.9% during mid-day trading on Thursday . The company traded as high as GBX 6.45 and last traded at GBX 6.45. 6,963,524 shares traded hands during mid-day trading, an increase of 13% from the average session volume of 6,166,728 shares. The stock had previously closed at GBX 5.98.

Kendrick Resources Stock Up 15.3%

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 company has a market capitalization of £25.73 million, a price-to-earnings ratio of -7.57 and a beta of 1.08. The stock’s fifty day moving average price is GBX 2.91 and its 200-day moving average price is GBX 1.41.

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

Insider Activity at Kendrick Resources

In other Kendrick Resources news, insider Evan Kirby acquired 1,012,500 shares of Kendrick Resources stock in a transaction dated Tuesday, February 24th. The stock was bought at an average cost of GBX 2 per share, for a total transaction of £20,250. Also, insider Alex Borrelli acquired 550,000 shares of Kendrick Resources stock in a transaction dated Tuesday, February 24th. The shares were acquired at an average price of GBX 2 per share, with a total value of £11,000. Over the last 90 days, insiders acquired 11,936,200 shares of company stock worth $23,872,400. Corporate 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.