Kropz (LON:KRPZ) Shares Down 19.2% – Here’s Why

Kropz plc (LON:KRPZ – Get Free Report)’s stock price fell 19.2% on Wednesday. The stock traded as low as GBX 0.40 and last traded at GBX 0.42. 399,507 shares traded hands during trading, an increase of 250% from the average daily volume of 114,091 shares. The stock had previously closed at GBX 0.53.

Kropz Stock Performance

The stock has a market capitalization of £6.98 million, a PE ratio of 0.54 and a beta of 0.32. The company has a debt-to-equity ratio of 92.78, a quick ratio of 0.15 and a current ratio of 0.14. The firm has a 50 day moving average of GBX 0.78 and a 200-day moving average of GBX 1.07.

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Kropz Company Profile

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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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