Shares of Kore Potash plc (LON:KP2 – Get Free Report) were down 3.7% during trading on Wednesday . The company traded as low as GBX 3.13 and last traded at GBX 3.13. Approximately 52,250 shares traded hands during trading, a decline of 98% from the average session volume of 2,704,217 shares. The stock had previously closed at GBX 3.25.
Kore Potash Stock Down 3.7%
The firm has a 50-day moving average price of GBX 3.07 and a two-hundred day moving average price of GBX 3.18. The company has a market capitalization of £162.01 million, a P/E ratio of -156.50 and a beta of 1.30.
Kore Potash Company Profile
Through the development of the Sintoukola potash basin in the Republic of Congo (RoC), Kore Potash is working to bring a number of globally significant potash deposits into production. Focus is on two high-grade projects: Kola and DX.
The Company aims to move quickly to cash generation from the DX project, which has a modest capital cost and planned production of 400,000 tonnes per annum of Muriate of Potash and its adjacent potash projects provide the potential for long-term potash production district from the area.
See Also
- Five stocks we like better than Kore Potash
- GE Vernova’s AI Power Boom Faces a Profit Test
- Cardinal Health Earnings: Can Perfection Get Priced In Twice?
- Nebius’ Q2 Beat Shows the AI Bottleneck Is Capacity, Not Demand
- Legacy Jet Builders Stall While Embraer Accelerates to New Highs
Receive News & Ratings for Kore Potash Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kore Potash and related companies with MarketBeat.com's FREE daily email newsletter.
