Kendrick Resources (LON:KEN) Trading Down 15.7% – Here’s Why

Posted by Patrick Bannon on Apr 29th, 2026

Kendrick Resources PLC (LON:KEN – Get Free Report)’s share price was down 15.7% during mid-day trading on Wednesday . The company traded as low as GBX 2.43 and last traded at GBX 2.45. Approximately 1,130,318 shares were traded during trading, a decline of 79% from the average daily volume of 5,339,800 shares. The stock had previously closed at GBX 2.90.

Kendrick Resources Stock Performance

The company has a market capitalization of £8.83 million, a price-to-earnings ratio of -1.96 and a beta of 1.19. The company has a current ratio of 0.07, a quick ratio of 16.01 and a debt-to-equity ratio of 19.10. The stock’s fifty day simple moving average is GBX 2.62 and its 200-day simple moving average is GBX 1.19.

Insider Activity at Kendrick Resources

In other Kendrick Resources news, insider Martyn John Churchouse bought 2,136,200 shares of Kendrick Resources stock in a transaction on Tuesday, February 24th. The shares were bought at an average cost of GBX 2 per share, for a total transaction of £42,724. Also, insider Kjeld Thygesen bought 1,837,500 shares of Kendrick Resources stock in a transaction on Tuesday, February 24th. The shares were acquired at an average price of GBX 2 per share, for a total transaction of £36,750. Insiders acquired 11,936,200 shares of company stock worth $23,872,400 over the last 90 days. 19.00% of the stock is currently owned by corporate insiders.

Kendrick Resources Company Profile

(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.