Katanga Mining (TSE:KAT) Share Price Passes Above Two Hundred Day Moving Average of $0.00
Katanga Mining Ltd (TSE:KAT) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.00 and traded as high as $0.41. Katanga Mining shares last traded at $0.39, with a volume of 164,243 shares traded.
The stock has a market capitalization of $724.80 million and a price-to-earnings ratio of -1.05. The company has a 50 day moving average of C$0.40.
Katanga Mining (TSE:KAT) last issued its quarterly earnings data on Wednesday, May 15th. The company reported C($0.12) EPS for the quarter. The firm had revenue of C$471.81 million for the quarter. Equities analysts predict that Katanga Mining Ltd will post 0.1419178 EPS for the current fiscal year.
Katanga Mining Limited, through its subsidiaries, engages in the copper and cobalt mining, and related activities in the Democratic Republic of Congo. It is involved in the exploration, mining, refurbishment, rehabilitation, development, and operation of the Kamoto/Mashamba East mining complex; the Kamoto Oliveira Virgule copper and cobalt mine; T17 open pit and underground mines; various oxide open pit resources; the Kamoto concentrator; and the Luilu metallurgical plant.
Further Reading: Recession
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