Kendrick Resources (LON:KEN) Reaches New 12-Month High – What’s Next?

Shares of Kendrick Resources PLC (LON:KEN) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 9.70 and last traded at GBX 8.65, with a volume of 21999838 shares trading hands. The stock had previously closed at GBX 8.30.

Kendrick Resources Trading Up 15.2%

The firm has a market cap of £35.27 million, a price-to-earnings ratio of -10.38 and a beta of 1.08. The company has a fifty day moving average price of GBX 4 and a 200-day moving average price of GBX 1.96. The company has a current ratio of 0.04, a quick ratio of 16.01 and a debt-to-equity ratio of -21.25.

Kendrick Resources (LON:KEN) last issued 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%.

Kendrick Resources Company Profile

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.