Kavango Resources (LON:KAV) Shares Down 3% – Here’s What Happened

Shares of Kavango Resources Plc (LON:KAVGet Free Report) traded down 3% during trading on Thursday . The company traded as low as GBX 0.80 and last traded at GBX 0.80. 9 shares traded hands during trading, a decline of 100% from the average session volume of 1,760,361 shares. The stock had previously closed at GBX 0.83.

Kavango Resources Trading Down 3.0%

The firm has a fifty day simple moving average of GBX 0.82 and a 200 day simple moving average of GBX 0.79. The stock has a market cap of £34.93 million, a price-to-earnings ratio of -1.67 and a beta of 0.69.

About Kavango Resources

(Get Free Report)

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.

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