Kendrick Resources (LON:KEN) Insider Alex Borrelli Purchases 550,000 Shares of Stock

Kendrick Resources PLC (LON:KEN) insider Alex Borrelli bought 550,000 shares of the firm’s stock in a transaction on Tuesday, February 24th. The stock was purchased at an average cost of GBX 2 per share, with a total value of £11,000.

Kendrick Resources Stock Up 9.8%

Shares of LON KEN opened at GBX 2.36 on Thursday. The company has a debt-to-equity ratio of 2.33, a current ratio of 0.30 and a quick ratio of 16.01. The stock has a market capitalization of £6.92 million, a PE ratio of -1.75 and a beta of -1.19. Kendrick Resources PLC has a one year low of GBX 0.15 and a one year high of GBX 2.64. The business’s fifty day moving average price is GBX 0.74 and its 200-day moving average price is GBX 0.45.

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.