Katoro Gold (LON:KAT) Hits New 12-Month Low – What’s Next?

Katoro Gold plc (LON:KAT) hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 0.06 ($0.00) and last traded at GBX 0.06 ($0.00), with a volume of 2100000 shares traded. The stock had previously closed at GBX 0.06 ($0.00).

Katoro Gold Stock Performance

The company has a debt-to-equity ratio of 1,296.49, a quick ratio of 1.36 and a current ratio of 1.06. The company has a market capitalization of £1 million, a price-to-earnings ratio of -0.42 and a beta of 0.93. The business’s 50-day simple moving average is GBX 0.08 and its 200-day simple moving average is GBX 0.10.

Katoro Gold Company Profile

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.