Kropz (LON:KRPZ) Trading 29.4% Higher – Here’s Why

Kropz plc (LON:KRPZ)’s stock price traded up 29.4% during mid-day trading on Tuesday . The company traded as high as GBX 1.10 and last traded at GBX 1.10. 103,911 shares changed hands during mid-day trading, a decline of 34% from the average session volume of 158,527 shares. The stock had previously closed at GBX 0.85.

Kropz Stock Up 28.2%

The company has a debt-to-equity ratio of 125.65, a current ratio of 0.21 and a quick ratio of 0.15. The firm has a 50-day moving average of GBX 0.68 and a 200 day moving average of GBX 0.59. The stock has a market capitalization of £17.09 million, a price-to-earnings ratio of 1.40 and a beta of -0.10.

About Kropz

Kropz is an emerging plant nutrient producer with an advanced stage phosphate mining project in South Africa and a phosphate project in the Republic of Congo (‘RoC’). The vision of the Kropz Group is to become a leading independent phosphate rock producer and to develop into an integrated, mine-to-market plant nutrient company focusing on sub-Saharan Africa.

Kropz’s Elandsfontein Phosphate Project is a near-term producing asset in South Africa’s Western Cape Province, close to export infrastructure and primed to take advantage of a recovery in phosphate prices.