Kerr Mines (TSE:KER) PT Set at C$0.40 by Fundamental Research

Fundamental Research set a C$0.40 price objective on Kerr Mines (TSE:KER) in a report issued on Tuesday, BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

KER opened at C$0.14 on Tuesday. The stock has a market capitalization of $40.24 million and a price-to-earnings ratio of -4.24. The company has a quick ratio of 0.03, a current ratio of 0.12 and a debt-to-equity ratio of 963.98. Kerr Mines has a twelve month low of C$0.11 and a twelve month high of C$0.27. The company has a 50-day simple moving average of C$0.14 and a 200 day simple moving average of C$0.18.

About Kerr Mines

Kerr Mines Inc operates as a gold exploration and development company in Canada and the United States. Its flagship property is the Copperstone gold mine, which encompasses approximately 47.7 square kilometers of mineral rights in La Paz County, Arizona. The company was formerly known as Armistice Resources Corp.

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