Kavango Resources (LON:KAV) Stock Price Up 9% – Time to Buy?

Kavango Resources Plc (LON:KAVGet Free Report)’s share price traded up 9% during trading on Tuesday . The company traded as high as GBX 0.79 ($0.01) and last traded at GBX 0.79 ($0.01). 2,642,034 shares changed hands during mid-day trading, an increase of 68% from the average session volume of 1,573,720 shares. The stock had previously closed at GBX 0.73 ($0.01).

Kavango Resources Stock Up 6.2 %

The company has a quick ratio of 5.87, a current ratio of 8.53 and a debt-to-equity ratio of 12.83. The stock has a market cap of £13.26 million, a P/E ratio of -3.19 and a beta of 0.69. The company has a 50-day simple moving average of GBX 1.08 and a two-hundred day simple moving average of GBX 1.27.

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.

Read More

Receive News & Ratings for Kavango Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kavango Resources and related companies with MarketBeat.com's FREE daily email newsletter.