Katoro Gold (LON:KAT) Stock Price Down 10.8% – What’s Next?

Katoro Gold plc (LON:KATGet Free Report)’s stock price fell 10.8% during mid-day trading on Wednesday . The company traded as low as GBX 0.06 ($0.00) and last traded at GBX 0.06 ($0.00). 3,054,249 shares changed hands during mid-day trading, a decline of 82% from the average session volume of 17,076,395 shares. The stock had previously closed at GBX 0.07 ($0.00).

Katoro Gold Trading Up 0.8 %

The business has a 50 day simple moving average of GBX 0.08 and a 200-day simple moving average of GBX 0.10. 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. The stock has a market capitalization of £1.01 million, a price-to-earnings ratio of -0.42 and a beta of 0.93.

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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