Kavango Resources (LON:KAV) Insider Peter Wynter Bee Acquires 4,502,662 Shares

Kavango Resources Plc (LON:KAV) insider Peter Wynter Bee acquired 4,502,662 shares of the company’s stock in a transaction that occurred on Wednesday, January 7th. The stock was acquired at an average cost of GBX 1 per share, for a total transaction of £45,026.62.

Kavango Resources Trading Up 1.2%

Shares of KAV stock opened at GBX 0.76 on Thursday. The stock has a market capitalization of £27.58 million, a price-to-earnings ratio of -1.12 and a beta of 0.69. Kavango Resources Plc has a 12-month low of GBX 0.55 and a 12-month high of GBX 1.25. The stock’s 50-day moving average price is GBX 0.73 and its 200-day moving average price is GBX 0.94.

Kavango Resources Company Profile

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.