Kavango Resources (LON:KAV) Trading Up 3.2% – Still a Buy?

Kavango Resources Plc (LON:KAVGet Free Report) shares were up 3.2% during mid-day trading on Wednesday . The company traded as high as GBX 0.80 and last traded at GBX 0.75. Approximately 519,990 shares changed hands during mid-day trading, a decline of 65% from the average daily volume of 1,466,582 shares. The stock had previously closed at GBX 0.72.

Kavango Resources Trading Up 3.2%

The company has a market capitalization of £32.66 million, a price-to-earnings ratio of -1.56 and a beta of 0.27. The business has a fifty day moving average price of GBX 0.73 and a 200 day moving average price of GBX 0.79. The company has a debt-to-equity ratio of 1.24, a current ratio of 4.25 and a quick ratio of 5.87.

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.

See Also

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.