Kropz (LON:KRPZ) Shares Up 6.7% – Here’s Why

Kropz plc (LON:KRPZ) traded up 6.7% on Monday . The company traded as high as GBX 1.60 and last traded at GBX 1.60. 713,578 shares were traded during mid-day trading, an increase of 211% from the average session volume of 229,710 shares. The stock had previously closed at GBX 1.50.

Kropz Stock Performance

The stock has a fifty day simple moving average of GBX 0.74 and a 200-day simple moving average of GBX 0.60. The stock has a market cap of £25.08 million, a P/E ratio of 2.05 and a beta of -0.10. The company has a debt-to-equity ratio of 125.65, a quick ratio of 0.15 and a current ratio of 0.21.

Kropz Company Profile

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.