Kavango Resources Plc (LON:KAV – Get Free Report)’s stock price rose 19.1% on Friday . The company traded as high as GBX 1.40 ($0.02) and last traded at GBX 1.40 ($0.02). Approximately 3,026,137 shares traded hands during mid-day trading, an increase of 61% from the average daily volume of 1,876,821 shares. The stock had previously closed at GBX 1.18 ($0.01).
Kavango Resources Stock Performance
The company has a current ratio of 3.66, a quick ratio of 5.87 and a debt-to-equity ratio of 12.83. The stock has a market cap of £18.34 million, a PE ratio of -3.19 and a beta of 0.70. The business’s 50-day moving average price is GBX 0.95 and its 200-day moving average price is GBX 0.78.
Kavango Resources Company Profile
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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