Kendrick Resources (LON:KEN) Shares Down 5.9% – Time to Sell?

Kendrick Resources PLC (LON:KENGet Free Report) shares were down 5.9% during mid-day trading on Thursday . The stock traded as low as GBX 0.40 ($0.01) and last traded at GBX 0.40 ($0.01). Approximately 52 shares were traded during trading, a decline of 100% from the average daily volume of 1,069,811 shares. The stock had previously closed at GBX 0.43 ($0.01).

Kendrick Resources Price Performance

The company’s 50 day simple moving average is GBX 0.63 and its 200 day simple moving average is GBX 0.62. The company has a current ratio of 0.30, a quick ratio of 16.01 and a debt-to-equity ratio of 2.33. The stock has a market capitalization of £938,437.50, a PE ratio of -35.00 and a beta of -1.19.

About Kendrick Resources

(Get Free Report)

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.

Further Reading

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