Kendrick Resources (LON:KEN) Trading Up 3.8% – Time to Buy?

Shares of Kendrick Resources PLC (LON:KEN) traded up 3.8% on Friday . The company traded as high as GBX 0.27 and last traded at GBX 0.27. 5,712 shares traded hands during trading, a decline of 97% from the average session volume of 204,941 shares. The stock had previously closed at GBX 0.26.

Kendrick Resources Stock Performance

The firm’s fifty day moving average price is GBX 0.26 and its 200-day moving average price is GBX 0.28. The company has a current ratio of 0.30, a quick ratio of 16.01 and a debt-to-equity ratio of 2.33. The firm has a market cap of £791,769.60, a price-to-earnings ratio of -0.20 and a beta of -1.19.

Kendrick Resources Company Profile

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.