Kibo Energy PLC (KIBO.L) (LON:KIBO) Shares Gap Up to $0.23

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Kibo Energy PLC (KIBO.L) (LON:KIBO)’s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $0.23, but opened at $0.24. Kibo Energy PLC (KIBO.L) shares last traded at $0.28, with a volume of 89,508,545 shares trading hands.

The company has a debt-to-equity ratio of 2.16, a quick ratio of 0.63 and a current ratio of 0.63. The firm has a market cap of £5.80 million and a price-to-earnings ratio of -0.93. The company’s fifty day moving average is GBX 0.20 and its two-hundred day moving average is GBX 0.23.

About Kibo Energy PLC (KIBO.L) (LON:KIBO)

Kibo Energy PLC, together with its subsidiaries, explores for and develops energy projects in Sub Saharan Africa and the United Kingdom. The company holds a 100% interest in the Mbeya Coal to Power project located in Songwe Regio, Tanzania. It also holds an 85% interest in the Mabesekwa Coal Independent Power Project located in Botswana; and 65% interest in the Benga Power Plant Project located in the Tete province of Mozambique.

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