Shares of Kendrick Resources PLC (LON:KEN – Get Free Report) fell 8.6% during mid-day trading on Friday . The stock traded as low as GBX 7.16 and last traded at GBX 7.31. Approximately 4,818,032 shares were traded during mid-day trading, a decline of 8% from the average daily volume of 5,211,809 shares. The stock had previously closed at GBX 8.
Kendrick Resources Stock Down 8.6%
The business has a 50-day simple moving average of GBX 6.55 and a two-hundred day simple moving average of GBX 4.47. The company has a debt-to-equity ratio of -19.78, a quick ratio of 16.01 and a current ratio of 0.04. The company has a market capitalization of £30.85 million, a price-to-earnings ratio of -8.04 and a beta of 1.47.
Kendrick Resources Company Profile
Kendrick Resources PLC engages in the engages in the exploitation and development of mineral resources. It explores for nickel, cobalt, copper, and vanadium. The company's projects include the Airijoki Vanadium project in Sweden; the Central Sweden projects covering a combined area of 197.2 square kilometers in Sweden; the Koitelainen Vosa Vanadium Project comprising a single granted exploration permit covering 13.72 square kilometers located in Finland; and the Karhujupukka Vanadium and Nickel project that comprises two granted exploration permits covering a combined area of 6.5 square kilometers in Finland.
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