Kavango Resources (LON:KAV) Insider Acquires £45,026.62 in Stock

Key Points

  • Insider purchase: Kavango insider Peter Wynter Bee bought 4,502,662 shares at an average price of GBX 1 on January 7, totaling £45,026.62.
  • Market snapshot: Shares opened at GBX 0.76 (up 1.2%), with a 50-day MA of GBX 0.72, 200-day MA of GBX 0.94, a 12-month range of GBX 0.55–1.25, and a market cap of about £27.58m.
  • Business focus: Kavango Resources explores base and precious metals in Botswana and Zimbabwe (including nickel, copper, silver, platinum, gold, uranium and rare earths) and is a subsidiary of Purebond Ltd.

Kavango Resources Plc (LON:KAV - Get Free Report) insider Peter Wynter Bee purchased 4,502,662 shares of the stock in a transaction on Wednesday, January 7th. The stock was acquired at an average price of GBX 1 per share, with a total value of £45,026.62.

Kavango Resources Stock Up 1.2%

Shares of KAV opened at GBX 0.76 on Friday. The company has a 50 day moving average of GBX 0.72 and a 200-day moving average of GBX 0.94. Kavango Resources Plc has a twelve month low of GBX 0.55 and a twelve month high of GBX 1.25. The stock has a market capitalization of £27.58 million, a P/E ratio of -1.12 and a beta of 0.69.

Kavango Resources Company Profile

(Get Free Report)

Kavango Resources Plc, together with its subsidiaries, engages in the exploration of base and precious metals in Botswana and Zimbabwe. It explores for nickel, copper, silver, platinum, iron, gold, uranium, and rare earth deposits. The company was incorporated in 2017 and is based in London, the United Kingdom. Kavango Resources Plc operates as a subsidiary of Purebond Ltd.

Further Reading

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