Kendrick Resources (LON:KEN) Hits New 1-Year High at $1.23

Shares of Kendrick Resources PLC (LON:KEN) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 1.23 ($0.02) and last traded at GBX 1.19 ($0.02), with a volume of 10463938 shares traded. The stock had previously closed at GBX 1.15 ($0.01).

Kendrick Resources Stock Performance

The company has a market capitalization of £2.89 million, a price-to-earnings ratio of -35.00 and a beta of -0.25. The company has a 50 day moving average price of GBX 0.48 and a 200 day moving average price of GBX 0.49.

Insider Activity

In other Kendrick Resources news, insider Colin Bird acquired 1,750,000 shares of Kendrick Resources stock in a transaction dated Thursday, June 20th. The stock was purchased at an average cost of GBX 1 ($0.01) per share, for a total transaction of £17,500 ($22,135.09). Corporate insiders own 39.33% of the company’s stock.

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.