Kropz (LON:KRPZ) Stock Price Up 11.1% – Here’s Why

Kropz plc (LON:KRPZ – Get Free Report) rose 11.1% during mid-day trading on Thursday . The stock traded as high as GBX 1 and last traded at GBX 1. 15,021 shares changed hands during trading, a decline of 86% from the average session volume of 104,119 shares. The stock had previously closed at GBX 0.90.

Kropz Trading Up 11.1%

The business’s 50-day moving average price is GBX 1.07 and its 200 day moving average price is GBX 1.16. The company has a market cap of £16.47 million, a P/E ratio of 1.28 and a beta of 0.41. The company has a debt-to-equity ratio of 92.78, a quick ratio of 0.15 and a current ratio of 0.14.

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About Kropz

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Kropz is an emerging plant nutrient producer with an advanced stage phosphate mining project in South Africa and a phosphate project in the Republic of Congo (‘RoC’). The vision of the Kropz Group is to become a leading independent phosphate rock producer and to develop into an integrated, mine-to-market plant nutrient company focusing on sub-Saharan Africa.

Kropz’s Elandsfontein Phosphate Project is a near-term producing asset in South Africa’s Western Cape Province, close to export infrastructure and primed to take advantage of a recovery in phosphate prices.

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