Kendrick Resources (LON:KEN) Hits New 52-Week Low – What’s Next?

Kendrick Resources PLC (LON:KEN) hit a new 52-week low on Wednesday . The stock traded as low as GBX 0.26 ($0.00) and last traded at GBX 0.26 ($0.00), with a volume of 100343 shares. The stock had previously closed at GBX 0.29 ($0.00).

Kendrick Resources Stock Down 8.8 %

The company has a market capitalization of £650,650.00, a price-to-earnings ratio of -35.00 and a beta of -1.19. The firm’s 50 day simple moving average is GBX 0.29 and its 200-day simple moving average is GBX 0.54. The company has a current ratio of 0.30, a quick ratio of 16.01 and a debt-to-equity ratio of 2.33.

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.