Kendrick Resources (LON:KEN) Hits New 12-Month Low – What’s Next?

Kendrick Resources PLC (LON:KEN) reached a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 0.27 ($0.00) and last traded at GBX 0.28 ($0.00), with a volume of 280086 shares trading hands. The stock had previously closed at GBX 0.29 ($0.00).

Kendrick Resources Stock Performance

The stock has a market capitalization of £725,725.00, a P/E ratio of -35.00 and a beta of -1.19. The stock’s 50 day moving average price is GBX 0.35 and its 200-day moving average price is GBX 0.60. The company has a quick ratio of 16.01, a current ratio of 0.30 and a debt-to-equity ratio of 2.33.

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.