Kavango Resources (LON:KAV) Trading Up 22.6% – Time to Buy?

Kavango Resources Plc (LON:KAVGet Free Report)’s share price rose 22.6% on Tuesday . The stock traded as high as GBX 0.70 and last traded at GBX 0.70. Approximately 10,486,670 shares changed hands during trading, an increase of 369% from the average daily volume of 2,234,524 shares. The stock had previously closed at GBX 0.57.

Kavango Resources Price Performance

The business’s 50 day moving average price is GBX 0.77 and its 200-day moving average price is GBX 0.95. The company has a market cap of £25.44 million, a P/E ratio of -1.03 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.

Further Reading

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