Kendrick Resources (LON:KEN) Insider Martyn John Churchouse Purchases 2,486,130 Shares

Key Points

  • Martyn John Churchouse purchased 2,486,130 shares on January 28 at an average price of GBX 1 per share, for a total cost of £24,861.30.
  • Kendrick shares fell 12.2% and opened at GBX 0.71; the company has a market cap of £2.08 million, a negative P/E of -0.53, and a 52‑week range of GBX 0.15–0.88.
  • Kendrick Resources is a mineral explorer focused on nickel, cobalt, copper and vanadium projects in Sweden and Finland, including the Airijoki and Koitelainen Vosa projects.

Kendrick Resources PLC (LON:KEN - Get Free Report) insider Martyn John Churchouse purchased 2,486,130 shares of the stock in a transaction that occurred on Wednesday, January 28th. The shares were purchased at an average cost of GBX 1 per share, for a total transaction of £24,861.30.

Kendrick Resources Trading Down 12.2%

Shares of Kendrick Resources stock opened at GBX 0.71 on Friday. The firm has a 50-day simple moving average of GBX 0.30 and a two-hundred day simple moving average of GBX 0.30. The company has a debt-to-equity ratio of 2.33, a quick ratio of 16.01 and a current ratio of 0.30. Kendrick Resources PLC has a fifty-two week low of GBX 0.15 and a fifty-two week high of GBX 0.88. The company has a market cap of £2.08 million, a P/E ratio of -0.53 and a beta of -1.19.

About Kendrick Resources

(Get Free Report)

Kendrick Resources PLC engages in the engages in the exploitation and development of mineral resources. It explores for nickel, cobalt, copper, and vanadium. The company's projects include the Airijoki Vanadium project in Sweden; the Central Sweden projects covering a combined area of 197.2 square kilometers in Sweden; the Koitelainen Vosa Vanadium Project comprising a single granted exploration permit covering 13.72 square kilometers located in Finland; and the Karhujupukka Vanadium and Nickel project that comprises two granted exploration permits covering a combined area of 6.5 square kilometers in Finland.

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