Katoro Gold (LON:KAT) Trading 18.2% Higher – Should You Buy?

Katoro Gold plc (LON:KATGet Free Report)’s share price rose 18.2% during trading on Tuesday . The company traded as high as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 32,349,215 shares changed hands during trading, an increase of 234% from the average daily volume of 9,698,851 shares. The stock had previously closed at GBX 0.03 ($0.00).

Katoro Gold Stock Performance

The company has a debt-to-equity ratio of 63.27, a quick ratio of 1.36 and a current ratio of 1.06. The company has a market capitalization of £622,603.80, a price-to-earnings ratio of -1.26 and a beta of 0.93. The firm has a 50-day simple moving average of GBX 0.05 and a two-hundred day simple moving average of GBX 0.06.

Katoro Gold Company Profile

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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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