Katoro Gold (LON:KAT) Shares Down 10.8% – Should You Sell?

Katoro Gold plc (LON:KAT) traded down 10.8% on Wednesday . The company traded as low as GBX 0.06 ($0.00) and last traded at GBX 0.06 ($0.00). 3,054,249 shares traded hands during trading, a decline of 82% from the average session volume of 17,076,395 shares. The stock had previously closed at GBX 0.07 ($0.00).

Katoro Gold Stock Performance

The company has a market cap of £928,000.00, a P/E ratio of -0.42 and a beta of 0.93. The company has a quick ratio of 1.36, a current ratio of 1.06 and a debt-to-equity ratio of 1,296.49. The stock has a 50 day moving average price of GBX 0.08 and a two-hundred day moving average price of GBX 0.10.

Katoro Gold Company Profile

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.