Karora Resources Inc. (TSE:KRR – Get Free Report)’s stock price traded up 2.4% during mid-day trading on Monday . The stock traded as high as C$7.01 and last traded at C$6.70. 1,976,683 shares were traded during trading, an increase of 190% from the average session volume of 682,523 shares. The stock had previously closed at C$6.54.
Karora Resources Stock Performance
The firm’s 50 day simple moving average is C$6.60 and its 200-day simple moving average is C$5.64. The company has a debt-to-equity ratio of 17.18, a quick ratio of 1.04 and a current ratio of 1.68. The company has a market capitalization of C$1.20 billion, a price-to-earnings ratio of 134.00 and a beta of 2.06.
Karora Resources Company Profile
Karora Resources Inc operates as a multi-asset mineral resource company in Australia. The company explores for gold, silver, and nickel deposits. It holds 100% interests in the Beta Hunt mine; the Higginsville Gold operations; and Spargos Reward Gold project located in Western Australia. The company was formerly known as Royal Nickel Corporation and changed its name to Karora Resources Inc in June 2020.
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