Katoro Gold (LON:KAT) Shares Down 9.7% – Time to Sell?

Katoro Gold plc (LON:KATGet Free Report)’s share price fell 9.7% on Wednesday . The stock traded as low as GBX 0.07 ($0.00) and last traded at GBX 0.07 ($0.00). 266,666 shares changed hands during mid-day trading, a decline of 98% from the average session volume of 17,412,096 shares. The stock had previously closed at GBX 0.07 ($0.00).

Katoro Gold Price Performance

The firm’s 50 day simple moving average is GBX 0.09 and its two-hundred day simple moving average is GBX 0.10. The firm has a market capitalization of £1.07 million, a P/E ratio of -0.42 and a beta of 0.93. The company has a debt-to-equity ratio of 1,296.49, a current ratio of 1.06 and a quick ratio of 1.36.

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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