Shares of Kendrick Resources PLC (LON:KEN – Get Free Report) were down 7.4% during mid-day trading on Friday . The stock traded as low as GBX 6.82 and last traded at GBX 6.95. Approximately 1,170,819 shares traded hands during trading, a decline of 76% from the average daily volume of 4,973,839 shares. The stock had previously closed at GBX 7.50.
Kendrick Resources Stock Down 7.4%
The firm has a market capitalization of £29.31 million, a PE ratio of -7.64 and a beta of 1.47. The firm’s 50-day moving average is GBX 6.45 and its 200 day moving average is GBX 4.93. The company has a debt-to-equity ratio of -19.78, a quick ratio of 16.01 and a current ratio of 0.04.
About Kendrick Resources
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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