Kazera Global (LON:KZG) Posts Earnings Results

Kazera Global (LON:KZG) released its quarterly earnings results on Tuesday. The company reported GBX (0.06) earnings per share (EPS) for the quarter, Digital Look Earnings reports. The firm had revenue of GBX 3 million for the quarter. Kazera Global had a negative net margin of 9,802.44% and a negative return on equity of 67.40%.

Kazera Global Price Performance

LON KZG traded up GBX 0.05 on Thursday, hitting GBX 0.70. 6,599,471 shares of the stock were exchanged, compared to its average volume of 2,385,334. Kazera Global has a 52-week low of GBX 0.59 and a 52-week high of GBX 2.30. The company has a market capitalization of £7.69 million, a price-to-earnings ratio of -1.66 and a beta of 1.20. The company’s 50-day moving average price is GBX 1.02 and its two-hundred day moving average price is GBX 1.22.

Kazera Global Company Profile

Kazera is an investment company strategically positioned to generate revenue and capitalise on Africa’s abundant natural resources. With a clear strategy to become a leading force in sustainable mining investments, the Company is focused on driving shareholder value by scaling production at existing operations and pursuing value-enhancing acquisitions.

Current investments include:

Whale Head Minerals Project – A high-grade HMS production project with significant potential for expansion.

Deep Blue Minerals Project – A diamond mine producing high-grade concentrates located within the 80km-long Alexkor diamond fields.

African Tantalum – Divestment in progress.