Katoro Gold (LON:KAT) Stock Price Down 7% – Here’s Why

Katoro Gold plc (LON:KATGet Free Report) shares were down 7% on Tuesday . The stock traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 6,644,904 shares changed hands during trading, a decline of 20% from the average daily volume of 8,266,000 shares. The stock had previously closed at GBX 0.04 ($0.00).

Katoro Gold Stock Performance

The business’s fifty day moving average price is GBX 0.05 and its 200-day moving average price is GBX 0.07. The company has a debt-to-equity ratio of 63.27, a current ratio of 1.06 and a quick ratio of 1.36. The stock has a market capitalization of £606,639.60, a PE ratio of -1.23 and a beta of 0.93.

About Katoro Gold

(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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