Kendrick Resources PLC (LON:KEN – Get Free Report) shares were up 12.6% during trading on Monday . The stock traded as high as GBX 0.50 and last traded at GBX 0.50. Approximately 8,562,852 shares were traded during mid-day trading, an increase of 97% from the average daily volume of 4,337,810 shares. The stock had previously closed at GBX 0.44.
Kendrick Resources Stock Performance
The company has a 50-day moving average of GBX 0.27 and a 200-day moving average of GBX 0.29. The firm has a market capitalization of £1.47 million, a price-to-earnings ratio of -0.37 and a beta of -1.19. The company has a current ratio of 0.30, a quick ratio of 16.01 and a debt-to-equity ratio of 2.33.
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.
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