Kendrick Resources (LON:KEN) Reaches New 52-Week Low – Here’s Why

Shares of Kendrick Resources PLC (LON:KEN) reached a new 52-week low during trading on Tuesday . The company traded as low as GBX 0.30 ($0.00) and last traded at GBX 0.30 ($0.00), with a volume of 333 shares trading hands. The stock had previously closed at GBX 0.33 ($0.00).

Kendrick Resources Stock Performance

The company has a debt-to-equity ratio of 2.33, a quick ratio of 16.01 and a current ratio of 0.30. The company has a market cap of £750,750.00, a P/E ratio of -35.00 and a beta of -1.19. The stock’s fifty day moving average price is GBX 0.46 and its two-hundred day moving average price is GBX 0.61.

About Kendrick Resources

Kendrick Resources PLC engages in the engages in the exploitation and development of mineral resources. It explores for nickel, cobalt, copper, and vanadium. The company's projects include the Airijoki Vanadium project in Sweden; the Central Sweden projects covering a combined area of 197.2 square kilometers in Sweden; the Koitelainen Vosa Vanadium Project comprising a single granted exploration permit covering 13.72 square kilometers located in Finland; and the Karhujupukka Vanadium and Nickel project that comprises two granted exploration permits covering a combined area of 6.5 square kilometers in Finland.