Kavango Resources (LON:KAV) Stock Price Up 2.6% – Time to Buy?

Kavango Resources Plc (LON:KAV – Get Free Report)’s stock price shot up 2.6% during trading on Monday. The company traded as high as GBX 0.67 and last traded at GBX 0.67. 500,000 shares traded hands during mid-day trading, a decline of 62% from the average session volume of 1,311,380 shares. The stock had previously closed at GBX 0.65.

Kavango Resources Stock Up 2.6%

The business has a 50 day moving average of GBX 0.66 and a 200 day moving average of GBX 0.75. The company has a market capitalization of £30.41 million, a P/E ratio of -2.22 and a beta of 0.29.

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

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