Kropz (LON:KRPZ) Stock Price Up 9.1% – Here’s Why

Kropz plc (LON:KRPZ)’s share price traded up 9.1% during mid-day trading on Thursday . The stock traded as high as GBX 0.60 and last traded at GBX 0.60. 28,632 shares were traded during mid-day trading, a decline of 74% from the average session volume of 109,149 shares. The stock had previously closed at GBX 0.55.

Kropz Price Performance

The company has a fifty day simple moving average of GBX 0.94 and a 200-day simple moving average of GBX 1.13. The company has a market cap of £9.88 million, a P/E ratio of 0.77 and a beta of 0.32. The company has a debt-to-equity ratio of 92.78, a current ratio of 0.14 and a quick ratio of 0.15.

About Kropz

Kropz is an emerging plant nutrient producer with an advanced stage phosphate mining project in South Africa and a phosphate project in the Republic of Congo (‘RoC’). The vision of the Kropz Group is to become a leading independent phosphate rock producer and to develop into an integrated, mine-to-market plant nutrient company focusing on sub-Saharan Africa.

Kropz’s Elandsfontein Phosphate Project is a near-term producing asset in South Africa’s Western Cape Province, close to export infrastructure and primed to take advantage of a recovery in phosphate prices.