Kavango Resources Plc (LON:KAV – Get Free Report)’s stock price rose 4.8% on Monday . The company traded as high as GBX 1.20 ($0.01) and last traded at GBX 1.10 ($0.01). Approximately 714,550 shares were traded during mid-day trading, a decline of 61% from the average daily volume of 1,817,063 shares. The stock had previously closed at GBX 1.05 ($0.01).
Kavango Resources Price Performance
The company has a current ratio of 5.67, a quick ratio of 5.87 and a debt-to-equity ratio of 12.83. The firm has a market cap of £16.05 million, a price-to-earnings ratio of -3.19 and a beta of 0.66. The stock has a 50-day moving average of GBX 0.84 and a two-hundred day moving average of GBX 0.73.
About Kavango Resources
Kavango Resources Plc, together with its subsidiaries, engages in the exploration of base and precious metals in Botswana. The company explores for nickel, copper, silver, platinum, iron, gold, uranium, and rare earth deposits. It owns 100% interest in the Kalahari Suture Zone project located in the southwestern of Botswana; and the Kalahari Copper Belt project located in northeast Botswana.
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