Kibo Energy (LON:KIBO) Hits New 12-Month Low – Here’s What Happened

Shares of Kibo Energy PLC (LON:KIBO) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 0.01 ($0.00) and last traded at GBX 0.01 ($0.00), with a volume of 26171561 shares trading hands. The stock had previously closed at GBX 0.01 ($0.00).

Kibo Energy Trading Up 20.0 %

The stock has a market cap of £738,000.00, a price-to-earnings ratio of -5.50 and a beta of -0.10. The company has a debt-to-equity ratio of 293.44, a quick ratio of 0.48 and a current ratio of 0.05. The company has a 50 day moving average of GBX 0.01 and a 200-day moving average of GBX 0.01.

About Kibo Energy

Kibo Energy PLC is a multi-asset energy company positioned to address acute power deficits in Sub-Saharan Africa and, more recently, the UK.

The Company is focused on the development of three thermal coal power projects in Mozambique, Botswana and Tanzania, which all share stable operating environments as well as an acute need for consistent power.