Kendrick Resources (LON:KEN) Stock Price Down 3.7% – Here’s Why

Kendrick Resources PLC (LON:KEN)’s stock price fell 3.7% during mid-day trading on Tuesday . The company traded as low as GBX 0.36 ($0.00) and last traded at GBX 0.36 ($0.00). 7,098 shares were traded during trading, a decline of 99% from the average session volume of 1,039,142 shares. The stock had previously closed at GBX 0.38 ($0.00).

Kendrick Resources Stock Performance

The company has a quick ratio of 16.01, a current ratio of 0.30 and a debt-to-equity ratio of 2.33. The stock has a market capitalization of £813,312.50, a P/E ratio of -35.00 and a beta of -1.19. The firm’s 50-day simple moving average is GBX 0.57 and its 200 day simple moving average is GBX 0.61.

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.