Kavango Resources (LON:KAV) Stock Price Up 15.4% – Here’s What Happened

Kavango Resources Plc (LON:KAVGet Free Report)’s stock price was up 15.4% during trading on Monday . The company traded as high as GBX 0.75 ($0.01) and last traded at GBX 0.75 ($0.01). Approximately 4,027,139 shares traded hands during trading, an increase of 146% from the average daily volume of 1,640,284 shares. The stock had previously closed at GBX 0.65 ($0.01).

Kavango Resources Price Performance

The stock’s 50 day simple moving average is GBX 0.74 and its two-hundred day simple moving average is GBX 0.82. The company has a market capitalization of £29.57 million, a P/E ratio of -6,750.87 and a beta of 0.69.

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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