Kavango Resources (LON:KAV) Trading Up 6.6% – Should You Buy?

Kavango Resources Plc (LON:KAVGet Free Report)’s stock price was up 6.6% on Tuesday . The company traded as high as GBX 0.85 ($0.01) and last traded at GBX 0.85 ($0.01). Approximately 2,568,326 shares traded hands during trading, an increase of 55% from the average daily volume of 1,653,745 shares. The stock had previously closed at GBX 0.80 ($0.01).

Kavango Resources Stock Performance

The company has a current ratio of 8.53, a quick ratio of 5.87 and a debt-to-equity ratio of 12.83. The firm has a market capitalization of £13.65 million, a P/E ratio of -3.19 and a beta of 0.69. The business’s 50 day simple moving average is GBX 0.74 and its two-hundred day simple moving average is GBX 1.07.

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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