Shore Capital Reaffirms House Stock Rating for Kore Potash (LON:KP2)

Kore Potash (LON:KP2)‘s stock had its “house stock” rating reissued by equities research analysts at Shore Capital in a report issued on Thursday, Marketbeat.com reports.

Kore Potash Price Performance

Shares of LON KP2 opened at GBX 2.36 ($0.03) on Thursday. Kore Potash has a 1 year low of GBX 1.70 ($0.02) and a 1 year high of GBX 4.50 ($0.06). The firm has a 50-day simple moving average of GBX 2.63 and a two-hundred day simple moving average of GBX 2.45. The company has a market cap of £129.28 million, a P/E ratio of -109,259.26 and a beta of 1.31.

Kore Potash Company Profile

Kore Potash Plc (AIM: KP2, ASX: KP2, JSE: KP2) is an advanced stage mineral exploration and development company that is incorporated in England and Wales and listed on AIM, a market operated by the London Stock Exchange, the Australian Securities Exchange (ASX) and the JSE Limited (JSE) in South Africa.
Through the development of the Sintoukola potash basin in the Republic of Congo (RoC), Kore Potash is working to bring a number of globally significant potash deposits into production.