Kendrick Resources (LON:KEN) Shares Down 14.8% – Here’s Why

Posted by Latisha Jones on May 12th, 2026

Kendrick Resources PLC (LON:KEN – Get Free Report)’s share price was down 14.8% on Tuesday . The company traded as low as GBX 6.06 and last traded at GBX 6.50. Approximately 13,731,517 shares traded hands during trading, an increase of 127% from the average daily volume of 6,046,520 shares. The stock had previously closed at GBX 7.63.

Kendrick Resources Trading Down 8.3%

The firm has a market capitalization of £26.10 million, a price-to-earnings ratio of -7.68 and a beta of 1.08. The company has a debt-to-equity ratio of -21.25, a quick ratio of 16.01 and a current ratio of 0.04. The business has a fifty day moving average price of GBX 2.76 and a 200 day moving average price of GBX 1.33.

Kendrick Resources (LON:KEN – Get Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The company reported GBX (0.91) EPS for the quarter. Kendrick Resources had a negative net margin of 227,572.12% and a positive return on equity of 9,279.39%.

Insider Transactions at Kendrick Resources

In related news, insider Kjeld Thygesen purchased 1,837,500 shares of the stock in a transaction that occurred on Tuesday, February 24th. The stock was purchased at an average cost of GBX 2 per share, for a total transaction of £36,750. Also, insider Colin Bird purchased 6,400,000 shares of the stock in a transaction that occurred on Tuesday, February 24th. The stock was bought at an average price of GBX 2 per share, with a total value of £128,000. Insiders acquired 11,936,200 shares of company stock worth $23,872,400 in the last quarter. 19.00% of the stock is 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.