Kropz (LON:KRPZ) Stock Price Up 29.4% – Still a Buy?

Shares of Kropz plc (LON:KRPZ) shot up 29.4% during trading on Tuesday . The stock traded as high as GBX 1.10 and last traded at GBX 1.10. 103,911 shares traded hands during trading, a decline of 34% from the average session volume of 158,527 shares. The stock had previously closed at GBX 0.85.

Kropz Price Performance

The company’s fifty day moving average price is GBX 0.68 and its two-hundred day moving average price is GBX 0.59. The company has a quick ratio of 0.15, a current ratio of 0.21 and a debt-to-equity ratio of 125.65. The company has a market cap of £17.09 million, a price-to-earnings ratio of 1.40 and a beta of -0.10.

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.