Kavango Resources (LON:KAV) Stock Price Down 4% – Should You Sell?

Kavango Resources Plc (LON:KAV)’s share price fell 4% during trading on Tuesday . The company traded as low as GBX 0.82 ($0.01) and last traded at GBX 0.82 ($0.01). 124,167 shares were traded during mid-day trading, a decline of 89% from the average session volume of 1,133,481 shares. The stock had previously closed at GBX 0.85 ($0.01).

Kavango Resources Stock Down 4.0 %

The firm has a market capitalization of £12.73 million, a price-to-earnings ratio of -3.19 and a beta of 0.69. The business’s fifty day moving average price is GBX 0.75 and its 200 day moving average price is GBX 1.02. The company has a current ratio of 8.53, a quick ratio of 5.87 and a debt-to-equity ratio of 12.83.

Kavango Resources Company Profile

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.