Kendrick Resources (LON:KEN) Sets New 52-Week Low – Should You Sell?

Kendrick Resources PLC (LON:KEN)’s share price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 0.30 ($0.00) and last traded at GBX 0.30 ($0.00), with a volume of 46 shares trading hands. The stock had previously closed at GBX 0.33 ($0.00).

Kendrick Resources Trading Down 7.7 %

The stock has a market capitalization of £750,750.00, a PE ratio of -35.00 and a beta of -1.19. The firm has a 50-day moving average price of GBX 0.54 and a 200-day moving average price of GBX 0.61. 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 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.