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Kavango Resources ( (GB:KAV) ) just unveiled an update.
Kavango Resources will issue 74,016,243 new ordinary shares on or around 16 January 2026 to Comarton Consultants and nine pension funds that are part of the Comarton Managed Pension Funds Investments Consortium, at an issue price of £0.01 per share using a pre-defined FX rate. This latest drawdown increases the Consortium’s participation to 12 pension funds with a combined holding of 143,380,910 shares, or 3.84% of Kavango’s enlarged share capital, and supports the build-out of its Zimbabwean investor base via secondary listing on the Victoria Falls Stock Exchange. Following admission, Kavango’s total shares in issue will rise to 3,736,048,519, of which 444,589,978 will be secondary listed on VFEX, a change that also updates the denominator shareholders must use for regulatory disclosure of voting rights under UK transparency rules.
The most recent analyst rating on (GB:KAV) stock is a Hold with a £0.71 price target. To see the full list of analyst forecasts on Kavango Resources stock, see the GB:KAV Stock Forecast page.
Spark’s Take on GB:KAV Stock
According to Spark, TipRanks’ AI Analyst, GB:KAV is a Neutral.
The score is primarily held back by weak financial performance driven by heavy losses and substantial cash burn despite early revenue formation, with only moderate balance-sheet support. Technicals are mixed, showing a short-term rebound but a longer-term downtrend. Valuation is constrained by loss-making status (negative P/E) and no dividend support.
To see Spark’s full report on GB:KAV stock, click here.
More about Kavango Resources
Kavango Resources plc is a mineral exploration company with its shares listed on the Main Market of the London Stock Exchange and secondary listed on the Victoria Falls Stock Exchange in Zimbabwe. The company targets investors in both the UK and southern Africa, including institutional pension funds, to support its exploration and development activities.
Average Trading Volume: 2,033,630
Technical Sentiment Signal: Sell
Current Market Cap: £26.55M
Find detailed analytics on KAV stock on TipRanks’ Stock Analysis page.