Kavango Resources (LON:KAV) Shares Down 3% – Here’s What Happened

Kavango Resources Plc (LON:KAVGet Free Report) shares fell 3% during mid-day trading on Thursday . The stock traded as low as GBX 0.80 and last traded at GBX 0.80. 9 shares traded hands during trading, a decline of 100% from the average session volume of 1,760,361 shares. The stock had previously closed at GBX 0.83.

Kavango Resources Stock Performance

The company has a market cap of £34.93 million, a P/E ratio of -1.67 and a beta of 0.69. The firm has a 50 day moving average price of GBX 0.82 and a 200-day moving average price of GBX 0.79.

Kavango Resources Company Profile

(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.

Further Reading

Receive News & Ratings for Kavango Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kavango Resources and related companies with MarketBeat.com's FREE daily email newsletter.