Shares of Kavango Resources Plc (LON:KAV – Get Free Report) were down 7.1% on Thursday . The stock traded as low as GBX 0.60 and last traded at GBX 0.65. Approximately 4,168,665 shares were traded during mid-day trading, an increase of 78% from the average daily volume of 2,338,192 shares. The stock had previously closed at GBX 0.70.
Kavango Resources Stock Up 8.6%
The company has a market capitalization of £24.68 million, a P/E ratio of -1.00 and a beta of 0.69. The stock has a fifty day simple moving average of GBX 0.71 and a 200-day simple moving average of GBX 0.93.
Insider Buying and Selling
In other news, insider Peter Wynter Bee purchased 4,502,662 shares of Kavango Resources stock in a transaction on Wednesday, January 7th. The shares were purchased at an average cost of GBX 1 per share, for a total transaction of £45,026.62. 5.03% of the stock is currently owned by company insiders.
Kavango Resources Company Profile
Kavango Resources Plc, together with its subsidiaries, engages in the exploration of base and precious metals in Botswana and Zimbabwe. It explores for nickel, copper, silver, platinum, iron, gold, uranium, and rare earth deposits. The company was incorporated in 2017 and is based in London, the United Kingdom. Kavango Resources Plc operates as a subsidiary of Purebond Ltd.
Read More
- Five stocks we like better than Kavango Resources
- Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!
- How a Family Trust May Be Able To Help Preserve Your Wealth
- A U.S. “birthright” claim worth trillions – activated quietly
- Executive Order 14330: Trump’s Biggest Yet
- NEW LAW: Congress Approves Setup For Digital Dollar?
Receive News & Ratings for Kavango Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kavango Resources and related companies with MarketBeat.com's FREE daily email newsletter.
