Kavango Resources (LON:KAV) Stock Price Down 3.7% – Here’s Why

Shares of Kavango Resources Plc (LON:KAVGet Free Report) traded down 3.7% on Monday . The company traded as low as GBX 0.55 and last traded at GBX 0.55. 756,161 shares traded hands during trading, a decline of 66% from the average session volume of 2,195,129 shares. The stock had previously closed at GBX 0.57.

Kavango Resources Price Performance

The firm has a 50-day simple moving average of GBX 0.79 and a 200 day simple moving average of GBX 0.96. The stock has a market capitalization of £19.99 million, a P/E ratio of -0.81 and a beta of 0.69.

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. Kavango Resources Plc operates as a subsidiary of Purebond Ltd.

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.