Katoro Gold (LON:KAT) Shares Down 7% – Here’s Why

Shares of Katoro Gold plc (LON:KATGet Free Report) dropped 7% on Tuesday . The company traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 6,644,904 shares were traded during mid-day trading, a decline of 20% from the average daily volume of 8,266,000 shares. The stock had previously closed at GBX 0.04 ($0.00).

Katoro Gold Price Performance

The firm has a 50-day simple moving average of GBX 0.05 and a 200-day simple moving average of GBX 0.07. The firm has a market capitalization of £638,568.00, a PE ratio of -1.29 and a beta of 0.93. The company has a debt-to-equity ratio of 63.27, a current ratio of 1.06 and a quick ratio of 1.36.

About Katoro Gold

(Get Free Report)

Katoro Gold plc operates as a gold and nickel exploration and development company in the United Kingdom, Cyprus, South Africa, and Tanzania. The company primarily explores for nickel, platinum group metals, copper, and gold deposits. It holds 65% interest in the Haneti project covering an area of approximately 5,000 square kilometers located in central Tanzania; and Blyvoor Tailings project located in South Africa.

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