Kavango Resources (LON:KAV) Trading Up 3.4% – Still a Buy?

Kavango Resources Plc (LON:KAVGet Free Report)’s stock price rose 3.4% during trading on Wednesday . The company traded as high as GBX 0.77 ($0.01) and last traded at GBX 0.75 ($0.01). Approximately 106,742 shares changed hands during mid-day trading, a decline of 93% from the average daily volume of 1,635,358 shares. The stock had previously closed at GBX 0.73 ($0.01).

Kavango Resources Stock Performance

The company has a debt-to-equity ratio of 12.83, a quick ratio of 5.87 and a current ratio of 8.53. The stock has a market cap of £11.70 million, a PE ratio of -3.19 and a beta of 0.69. The company’s 50-day moving average price is GBX 0.90 and its two-hundred day moving average price is GBX 1.22.

Kavango Resources Company Profile

(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.

Further Reading

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