Katanga Mining Limited (KAT.TO) (TSE:KAT) Shares Up 3.2% – Here’s What Happened

Katanga Mining Limited (KAT.TO) (TSE:KAT)’s stock price was up 3.2% during mid-day trading on Monday . The company traded as high as C$0.16 and last traded at C$0.16. Approximately 130,750 shares were traded during trading, a decline of 76% from the average daily volume of 543,490 shares. The stock had previously closed at C$0.16.

Katanga Mining Limited (KAT.TO) Stock Up 3.2 %

The company has a debt-to-equity ratio of 62.65, a current ratio of 0.98 and a quick ratio of 0.55. The firm has a market cap of C$9.79 billion and a PE ratio of -0.83. The stock has a 50-day moving average price of C$0.16.

Katanga Mining Limited (KAT.TO) Company Profile

Katanga Mining Limited, through its subsidiaries, engages in the copper and cobalt mining, and related activities in the Democratic Republic of Congo. It is involved in the exploration, mining, refurbishment, rehabilitation, development, and operation of the Kamoto/Mashamba East mining complex; the Kamoto Oliveira Virgule copper and cobalt mine; T17 open pit and underground mines; various oxide open pit resources; the Kamoto concentrator; and the Luilu metallurgical plant.