Kendrick Resources (LON:KEN) Hits New 52-Week Low – What’s Next?

Kendrick Resources PLC (LON:KEN)’s share price hit a new 52-week low during trading on Thursday . The company traded as low as GBX 0.25 ($0.00) and last traded at GBX 0.25 ($0.00), with a volume of 150000 shares traded. The stock had previously closed at GBX 0.27 ($0.00).

Kendrick Resources Stock Performance

The firm has a market cap of £625,620.00, a PE ratio of -0.55 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. The company has a 50-day simple moving average of GBX 0.27 and a two-hundred day simple moving average of GBX 0.45.

Kendrick Resources Company Profile

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.