Katoro Gold (LON:KAT) Trading Down 1.9% – Here’s Why

Katoro Gold plc (LON:KAT)’s stock price dropped 1.9% during trading on Monday . The company traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.05 ($0.00). Approximately 44,276,328 shares changed hands during trading, an increase of 315% from the average daily volume of 10,678,698 shares. The stock had previously closed at GBX 0.05 ($0.00).

Katoro Gold Stock Up 4.7 %

The firm has a market capitalization of £718,389.00, a PE ratio of -1.45 and a beta of 0.93. The company has a debt-to-equity ratio of 63.27, a current ratio of 1.06 and a quick ratio of 1.36. The company has a 50-day moving average price of GBX 0.04 and a 200 day moving average price of GBX 0.06.

About Katoro Gold

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.