Katoro Gold (LON:KAT) Trading Down 9.1% – Time to Sell?

Shares of Katoro Gold plc (LON:KATGet Free Report) dropped 9.1% during mid-day trading on Thursday . The company traded as low as GBX 0.05 ($0.00) and last traded at GBX 0.05 ($0.00). Approximately 169,109 shares traded hands during trading, a decline of 93% from the average daily volume of 2,333,073 shares. The stock had previously closed at GBX 0.06 ($0.00).

Katoro Gold Stock Up 9.1 %

The stock has a fifty day moving average price of GBX 0.06 and a 200 day moving average price of GBX 0.08. 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. The stock has a market capitalization of £960,000.00, a P/E ratio of -0.42 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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