Kavango Resources (LON:KAV) Shares Down 3% – Time to Sell?

Kavango Resources Plc (LON:KAVGet Free Report) traded down 3% on Wednesday . The stock traded as low as GBX 0.66 and last traded at GBX 0.66. Approximately 14,388 shares traded hands during trading, a decline of 99% from the average session volume of 1,512,451 shares. The stock had previously closed at GBX 0.68.

Kavango Resources Stock Performance

The firm has a 50 day moving average of GBX 0.77 and a two-hundred day moving average of GBX 0.80. The company has a debt-to-equity ratio of 1.24, a current ratio of 4.25 and a quick ratio of 5.87. The stock has a market cap of £28.60 million, a PE ratio of -1.36 and a beta of 0.27.

Kavango Resources Company Profile

(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.

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