Kavango Resources (LON:KAV) Reaches New 1-Year Low – Should You Sell?

Kavango Resources Plc (LON:KAVGet Free Report) shares hit a new 52-week low during trading on Thursday . The company traded as low as GBX 0.55 and last traded at GBX 0.55, with a volume of 100000 shares traded. The stock had previously closed at GBX 0.58.

Kavango Resources Stock Down 0.7%

The business has a 50 day simple moving average of GBX 0.79 and a 200-day simple moving average of GBX 0.95. The company has a market capitalization of £20.75 million, a P/E ratio of -0.84 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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