Katoro Gold (LON:KAT) Trading 18.2% Higher – Should You Buy?

Shares of Katoro Gold plc (LON:KATGet Free Report) rose 18.2% during mid-day trading on Tuesday . The company traded as high as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 32,349,215 shares traded hands during mid-day trading, an increase of 234% from the average daily volume of 9,698,851 shares. The stock had previously closed at GBX 0.03 ($0.00).

Katoro Gold Trading Up 33.3 %

The firm has a fifty day moving average of GBX 0.04 and a 200 day moving average of GBX 0.06. The firm has a market capitalization of £957,852.00, a PE ratio of -1.94 and a beta of 0.93. The company has a debt-to-equity ratio of 63.27, a quick ratio of 1.36 and a current ratio of 1.06.

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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