Kavango Resources (LON:KAV) Trading Down 5.3% – Here’s Why

Kavango Resources Plc (LON:KAVGet Free Report)’s share price fell 5.3% on Friday . The company traded as low as GBX 0.88 ($0.01) and last traded at GBX 0.90 ($0.01). 2,281,267 shares were traded during trading, an increase of 47% from the average session volume of 1,553,644 shares. The stock had previously closed at GBX 0.95 ($0.01).

Kavango Resources Stock Performance

The company has a quick ratio of 5.87, a current ratio of 8.53 and a debt-to-equity ratio of 12.83. The stock has a fifty day moving average price of GBX 1.12 and a 200-day moving average price of GBX 1.27. The firm has a market cap of £14.04 million, a price-to-earnings ratio of -3.19 and a beta of 0.69.

About Kavango Resources

(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.

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.