Kavango Resources (LON:KAV) Stock Price Down 7.4% – What’s Next?

Kavango Resources Plc (LON:KAVGet Free Report)’s stock price was down 7.4% on Wednesday . The company traded as low as GBX 0.67 and last traded at GBX 0.67. Approximately 1,000,000 shares changed hands during mid-day trading, a decline of 25% from the average daily volume of 1,329,514 shares. The stock had previously closed at GBX 0.72.

Kavango Resources Stock Performance

The firm’s fifty day moving average price is GBX 0.67 and its two-hundred day moving average price is GBX 0.76. The stock has a market capitalization of £32.18 million, a PE ratio of -1.54 and a beta of 0.29. The company has a current ratio of 4.25, a quick ratio of 5.87 and a debt-to-equity ratio of 1.24.

About Kavango Resources

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for Kavango Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kavango Resources and related companies with MarketBeat.com's FREE daily email newsletter.