Kendrick Resources (LON:KEN) Hits New 12-Month Low – Should You Sell?

Kendrick Resources PLC (LON:KENGet Free Report) reached a new 52-week low during trading on Tuesday . The stock traded as low as GBX 0.27 ($0.00) and last traded at GBX 0.27 ($0.00), with a volume of 43811 shares trading hands. The stock had previously closed at GBX 0.29 ($0.00).

Kendrick Resources Stock Down 5.3 %

The business’s fifty day moving average is GBX 0.29 and its two-hundred day moving average is GBX 0.57. The stock has a market cap of £675,675.00, a price-to-earnings ratio of -35.00 and a beta of -1.19. The company has a quick ratio of 16.01, a current ratio of 0.30 and a debt-to-equity ratio of 2.33.

About Kendrick Resources

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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.

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