Kavango Resources (LON:KAV) Stock Price Down 4% – What’s Next?

Kavango Resources Plc (LON:KAVGet Free Report)’s share price was down 4% on Tuesday . The company traded as low as GBX 0.82 ($0.01) and last traded at GBX 0.82 ($0.01). Approximately 124,167 shares traded hands during mid-day trading, a decline of 89% from the average daily volume of 1,133,481 shares. The stock had previously closed at GBX 0.85 ($0.01).

Kavango Resources Price Performance

The stock has a fifty day simple moving average of GBX 0.75 and a 200-day simple moving average of GBX 1.02. The company has a market capitalization of £12.73 million, a PE ratio of -3.19 and a beta of 0.69. The company has a current ratio of 8.53, a quick ratio of 5.87 and a debt-to-equity ratio of 12.83.

About Kavango Resources

(Get Free Report)

Kavango Resources Plc, together with its subsidiaries, engages in the exploration of base and precious metals in Botswana and Zimbabwe. It explores for nickel, copper, silver, platinum, iron, gold, uranium, and rare earth deposits. The company was incorporated in 2017 and is based in London, the United Kingdom.

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