Kendrick Resources (LON:KEN) Insider Colin Bird Purchases 6,400,000 Shares

Kendrick Resources PLC (LON:KEN) insider Colin Bird purchased 6,400,000 shares of Kendrick Resources stock in a transaction on Tuesday, February 24th. The shares were acquired at an average cost of GBX 2 per share, with a total value of £128,000.

Kendrick Resources Stock Performance

Shares of LON KEN opened at GBX 2.36 on Thursday. The company has a 50 day simple moving average of GBX 0.74 and a two-hundred day simple moving average of GBX 0.45. The stock has a market cap of £6.92 million, a price-to-earnings ratio of -1.75 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. Kendrick Resources PLC has a 12 month low of GBX 0.15 and a 12 month high of GBX 2.64.

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.