Kibo Energy PLC (LON:KIBO) shot up 80.4% on Wednesday . The stock traded as high as GBX 2.50 ($0.03) and last traded at GBX 1.98 ($0.03). 23,289,355 shares traded hands during mid-day trading, an increase of 1,208% from the average session volume of 1,780,000 shares. The stock had previously closed at GBX 1.10 ($0.01).
The company has a debt-to-equity ratio of 3.29, a current ratio of 1.28 and a quick ratio of 1.28. The company has a market capitalization of $15.21 million and a price-to-earnings ratio of -2.83.
TRADEMARK VIOLATION NOTICE: “Kibo Energy (KIBO) Shares Up 80.4%” was reported by Modern Readers and is the sole property of of Modern Readers. If you are viewing this news story on another website, it was stolen and reposted in violation of US & international copyright and trademark legislation. The legal version of this news story can be accessed at https://www.modernreaders.com/news/2019/04/17/kibo-energy-kibo-shares-up-80-4.html.
Kibo Energy Company Profile (LON:KIBO)
Kibo Energy PLC, together with its subsidiaries, explores for and develops coal and other minerals in Africa. It also explores for nickel, gold, and platinum group metals. The company's flagship project is the Mbeya coal to power project that comprises 22 tenements located in south-western Tanzania.
See Also: What is a Reverse Stock Split?
Receive News & Ratings for Kibo Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kibo Energy and related companies with MarketBeat.com's FREE daily email newsletter.