Kavango Resources (LON:KAV) Shares Down 3.7% – What’s Next?

Kavango Resources Plc (LON:KAVGet Free Report)’s stock price was down 3.7% during mid-day trading on Monday . The company traded as low as GBX 0.55 and last traded at GBX 0.55. Approximately 756,161 shares changed hands during mid-day trading, a decline of 66% from the average daily volume of 2,195,129 shares. The stock had previously closed at GBX 0.57.

Kavango Resources Stock Down 3.7%

The firm has a 50 day simple moving average of GBX 0.79 and a two-hundred day simple moving average of GBX 0.96. The stock has a market capitalization of £19.99 million, a P/E ratio of -0.81 and a beta of 0.69.

About Kavango Resources

(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.

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