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Kendrick Resources PLC ( (GB:KEN) ) has issued an announcement.
Kendrick Resources PLC has announced its interim results for the first half of 2025, highlighting a strategic pivot towards its Airijoki vanadium project in Sweden while discontinuing nickel projects in Scandinavia. The company is also expanding its portfolio by acquiring copper and gold projects in Southern Africa, including an option over the Bluefox exploration project in Zambia. Despite financial challenges, including a loss of £128K and low cash reserves, Kendrick Resources is focusing on enhancing its vanadium resources and exploring new opportunities in supportive jurisdictions.
More about Kendrick Resources PLC
Kendrick Resources PLC is a mineral exploration and development company focusing on energy metals such as nickel, vanadium, and copper. The company is strategically shifting its focus from nickel projects in Scandinavia to vanadium projects in Sweden and exploring new opportunities in copper and gold in Southern Africa.
Average Trading Volume: 1,701,429
Technical Sentiment Signal: Buy
Current Market Cap: £1.01M
Learn more about KEN stock on TipRanks’ Stock Analysis page.