Katoro Gold (LON:KAT) Trading Down 14.3% – Here’s What Happened

Katoro Gold plc (LON:KATGet Free Report) shares dropped 14.3% during trading on Monday . The stock traded as low as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). Approximately 5,045,459 shares traded hands during trading, a decline of 46% from the average daily volume of 9,265,051 shares. The stock had previously closed at GBX 0.04 ($0.00).

Katoro Gold Stock Down 14.3 %

The business has a 50-day simple moving average of GBX 0.05 and a 200-day simple moving average of GBX 0.06. The company has a debt-to-equity ratio of 63.27, a quick ratio of 1.36 and a current ratio of 1.06. The company has a market cap of £478,926.00, a price-to-earnings ratio of -0.97 and a beta of 0.93.

Katoro Gold Company Profile

(Get Free Report)

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.

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