Kendrick Resources (LON:KEN) Insider Acquires £11,000 in Stock

Kendrick Resources PLC (LON:KEN) insider Alex Borrelli acquired 550,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 24th. The shares were bought at an average price of GBX 2 per share, for a total transaction of £11,000.

Kendrick Resources Price Performance

Shares of LON KEN opened at GBX 2.50 on Friday. The firm has a market cap of £7.32 million, a PE ratio of -1.85 and a beta of -1.19. The company has a current ratio of 0.30, a quick ratio of 16.01 and a debt-to-equity ratio of 2.33. Kendrick Resources PLC has a 1-year low of GBX 0.15 and a 1-year high of GBX 2.64. The company has a fifty day moving average price of GBX 0.83 and a 200 day moving average price of GBX 0.48.

Kendrick Resources Company Profile

Kendrick Resources PLC engages in the engages in the exploitation and development of mineral resources. It explores for nickel, cobalt, copper, and vanadium. The company's projects include the Airijoki Vanadium project in Sweden; the Central Sweden projects covering a combined area of 197.2 square kilometers in Sweden; the Koitelainen Vosa Vanadium Project comprising a single granted exploration permit covering 13.72 square kilometers located in Finland; and the Karhujupukka Vanadium and Nickel project that comprises two granted exploration permits covering a combined area of 6.5 square kilometers in Finland.