Katanga Mining Limited (KAT.TO) (TSE:KAT) Stock Passes Above 200-Day Moving Average of $0.00

Shares of Katanga Mining Limited (KAT.TO) (TSE:KAT) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$0.00 and traded as high as C$0.16. Katanga Mining Limited (KAT.TO) shares last traded at C$0.16, with a volume of 130,750 shares.

Katanga Mining Limited (KAT.TO) Price Performance

The business’s 50 day moving average price is C$0.16. The firm has a market capitalization of C$9.79 billion and a PE ratio of -0.83. The company has a quick ratio of 0.55, a current ratio of 0.98 and a debt-to-equity ratio of 62.65.

About Katanga Mining Limited (KAT.TO)

Katanga Mining Limited, through its subsidiaries, engages in the copper and cobalt mining, and related activities in the Democratic Republic of Congo. It is involved in the exploration, mining, refurbishment, rehabilitation, development, and operation of the Kamoto/Mashamba East mining complex; the Kamoto Oliveira Virgule copper and cobalt mine; T17 open pit and underground mines; various oxide open pit resources; the Kamoto concentrator; and the Luilu metallurgical plant.