Katoro Gold (LON:KAT) Trading Down 17.5% – Here’s What Happened

Shares of Katoro Gold plc (LON:KATGet Free Report) fell 17.5% during mid-day trading on Friday . The stock traded as low as GBX 0.05 ($0.00) and last traded at GBX 0.05 ($0.00). 11,166,666 shares traded hands during trading, an increase of 89% from the average session volume of 5,901,297 shares. The stock had previously closed at GBX 0.06 ($0.00).

Katoro Gold Price Performance

The firm has a 50-day simple moving average of GBX 0.06 and a 200-day simple moving average of GBX 0.08. The firm has a market cap of £832,000.00, a P/E ratio of -0.42 and a beta of 0.93. 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.

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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