Katoro Gold (LON:KAT) Hits New 1-Year Low – Should You Sell?

Katoro Gold plc (LON:KAT)’s share price hit a new 52-week low on Monday . The company traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00), with a volume of 1194677 shares traded. The stock had previously closed at GBX 0.05 ($0.00).

Katoro Gold Price Performance

The firm has a market capitalization of £702,424.80, a P/E ratio of -1.42 and a beta of 0.93. The company has a quick ratio of 1.36, a current ratio of 1.06 and a debt-to-equity ratio of 63.27. The business’s 50 day moving average is GBX 0.05 and its 200-day moving average is GBX 0.07.

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.