Kavango Resources (LON:KAV) Trading 15.3% Higher – Here’s What Happened

Kavango Resources Plc (LON:KAVGet Free Report)’s share price traded up 15.3% during trading on Monday . The stock traded as high as GBX 0.75 ($0.01) and last traded at GBX 0.75 ($0.01). 2,930,666 shares traded hands during trading, an increase of 77% from the average session volume of 1,658,726 shares. The stock had previously closed at GBX 0.65 ($0.01).

Kavango Resources Price Performance

The company has a quick ratio of 5.87, a current ratio of 8.53 and a debt-to-equity ratio of 12.83. The stock has a market cap of £11.65 million, a price-to-earnings ratio of -3.19 and a beta of 0.69. The company has a 50 day simple moving average of GBX 0.77 and a 200-day simple moving average of GBX 1.11.

About Kavango Resources

(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.

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