Katoro Gold (LON:KAT) Shares Down 7.5% – Time to Sell?

Katoro Gold plc (LON:KATGet Free Report) shares dropped 7.5% during trading on Friday . The stock traded as low as GBX 0.05 ($0.00) and last traded at GBX 0.05 ($0.00). Approximately 11,088,865 shares traded hands during trading, an increase of 323% from the average daily volume of 2,619,935 shares. The stock had previously closed at GBX 0.05 ($0.00).

Katoro Gold Trading Down 7.5 %

The firm has a market capitalization of £784,000.00, a P/E ratio of -0.42 and a beta of 0.93. The stock has a 50-day simple moving average of GBX 0.06 and a two-hundred day simple moving average of GBX 0.08. The company has a current ratio of 1.06, a quick ratio of 1.36 and a debt-to-equity ratio of 1,296.49.

Katoro Gold Company Profile

(Get Free Report)

Katoro Gold plc operates as a gold and nickel exploration and development company in the United Kingdom, Cyprus, South Africa, and Tanzania. The company primarily explores for nickel, platinum group metals, copper, and gold deposits. It holds 65% interest in the Haneti project covering an area of approximately 5,000 square kilometers located in central Tanzania; and Blyvoor Tailings project located in South Africa.

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