Keras Resources (LON:KRS) Stock Price Down 2% – Here’s Why

Keras Resources Plc (LON:KRSGet Free Report) shares were down 2% during mid-day trading on Thursday . The stock traded as low as GBX 2.30 ($0.03) and last traded at GBX 2.50 ($0.03). Approximately 162,223 shares changed hands during mid-day trading, an increase of 18% from the average daily volume of 137,909 shares. The stock had previously closed at GBX 2.55 ($0.03).

Keras Resources Stock Performance

The company has a 50-day simple moving average of GBX 2.96 and a 200-day simple moving average of GBX 2.92. The company has a debt-to-equity ratio of 48.82, a quick ratio of 0.15 and a current ratio of 1.37. The stock has a market cap of £2.01 million, a P/E ratio of -250.00 and a beta of 1.02.

About Keras Resources

(Get Free Report)

Keras Resources Plc, a mineral resource company, engages in the exploration, evaluation, and development of mineral properties in West Africa, the United States, and internationally. The company operates through Manganese, Phosphate, and Other Operations segments. It holds 100% interests in the Diamond Creek phosphate project located in Salt Lake City, Utah.

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