Kropz (LON:KRPZ) Shares Up 9.1% – What’s Next?

Kropz plc (LON:KRPZ)’s share price traded up 9.1% on Thursday . The stock traded as high as GBX 0.60 and last traded at GBX 0.60. Approximately 28,632 shares changed hands during mid-day trading, a decline of 74% from the average daily volume of 109,149 shares. The stock had previously closed at GBX 0.55.

Kropz Price Performance

The company has a debt-to-equity ratio of 92.78, a current ratio of 0.14 and a quick ratio of 0.15. The firm has a market cap of £9.88 million, a price-to-earnings ratio of 0.77 and a beta of 0.32. The stock’s fifty day moving average price is GBX 0.94 and its 200-day moving average price is GBX 1.13.

Kropz Company Profile

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.