Kendrick Resources (LON:KEN) Issues Earnings Results

Kendrick Resources (LON:KEN) released its quarterly earnings results on Wednesday. The company reported GBX (0.01) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Kendrick Resources had a positive return on equity of 9,279.39% and a negative net margin of 227,572.12%.

Kendrick Resources Trading Down 14.0%

LON:KEN opened at GBX 5.85 on Wednesday. The firm’s fifty day moving average is GBX 6.90 and its 200-day moving average is GBX 5.81. The company has a debt-to-equity ratio of -19.78, a quick ratio of 16.01 and a current ratio of 0.04. Kendrick Resources has a 52 week low of GBX 0.23 and a 52 week high of GBX 10.50. The firm has a market cap of £24.68 million, a P/E ratio of -6.43 and a beta of 1.48.

About Kendrick Resources

Kendrick Resources PLC engages in the engages in the exploitation and development of mineral resources. It explores for nickel, cobalt, copper, and vanadium. The company's projects include the Airijoki Vanadium project in Sweden; the Central Sweden projects covering a combined area of 197.2 square kilometers in Sweden; the Koitelainen Vosa Vanadium Project comprising a single granted exploration permit covering 13.72 square kilometers located in Finland; and the Karhujupukka Vanadium and Nickel project that comprises two granted exploration permits covering a combined area of 6.5 square kilometers in Finland.