Kendrick Resources (LON:KEN) Shares Down 5.5% – Should You Sell?

Posted by Patrick Bannon on May 5th, 2026

Shares of Kendrick Resources PLC (LON:KEN – Get Free Report) were down 5.5% during mid-day trading on Tuesday . The stock traded as low as GBX 2.40 and last traded at GBX 2.40. Approximately 744,588 shares traded hands during mid-day trading, a decline of 86% from the average daily volume of 5,186,284 shares. The stock had previously closed at GBX 2.54.

Kendrick Resources Stock Down 5.7%

The company has a quick ratio of 16.01, a current ratio of 0.04 and a debt-to-equity ratio of -21.25. The company has a fifty day moving average price of GBX 2.65 and a 200-day moving average price of GBX 1.22. The stock has a market capitalization of £8.01 million, a P/E ratio of -2.63 and a beta of 1.19.

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

Insider Transactions at Kendrick Resources

In other news, insider Kjeld Thygesen bought 1,837,500 shares of Kendrick Resources stock in a transaction dated Tuesday, February 24th. The shares were purchased at an average cost of GBX 2 per share, with a total value of £36,750. Also, insider Colin Bird bought 6,400,000 shares of Kendrick Resources stock in a transaction dated Tuesday, February 24th. The stock was purchased at an average cost of GBX 2 per share, for a total transaction of £128,000. In the last ninety days, insiders purchased 11,936,200 shares of company stock valued at $23,872,400. 19.00% of the stock is owned by insiders.

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.