Kavango Resources (LON:KAV) Stock Price Up 9% – What’s Next?

Kavango Resources Plc (LON:KAVGet Free Report) shares rose 9% during trading on Tuesday . The company traded as high as GBX 0.79 ($0.01) and last traded at GBX 0.79 ($0.01). Approximately 2,642,034 shares were traded during mid-day trading, an increase of 68% from the average daily volume of 1,573,720 shares. The stock had previously closed at GBX 0.73 ($0.01).

Kavango Resources Price Performance

The company has a current ratio of 8.53, a quick ratio of 5.87 and a debt-to-equity ratio of 12.83. The firm has a 50 day moving average of GBX 1.08 and a two-hundred day moving average of GBX 1.27. The company has a market cap of £13.26 million, a PE ratio of -3.19 and a beta of 0.69.

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.

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