Shares of Kavango Resources Plc (LON:KAV – Get Free Report) were up 4.8% on Monday . The company traded as high as GBX 1.20 ($0.01) and last traded at GBX 1.10 ($0.01). Approximately 714,550 shares were traded during trading, a decline of 61% from the average daily volume of 1,817,063 shares. The stock had previously closed at GBX 1.05 ($0.01).
Kavango Resources Trading Down 2.0 %
The business’s fifty day simple moving average is GBX 0.84 and its two-hundred day simple moving average is GBX 0.73. The company has a market cap of £16.05 million, a price-to-earnings ratio of -3.19 and a beta of 0.66. The company has a quick ratio of 5.87, a current ratio of 5.67 and a debt-to-equity ratio of 12.83.
Kavango Resources Company Profile
Kavango Resources Plc, together with its subsidiaries, engages in the exploration of base and precious metals in Botswana. The company explores for nickel, copper, silver, platinum, iron, gold, uranium, and rare earth deposits. It owns 100% interest in the Kalahari Suture Zone project located in the southwestern of Botswana; and the Kalahari Copper Belt project located in northeast Botswana.
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