Kintavar Exploration (CVE:KTR) Trading Up 44.4% – Here’s Why

Kintavar Exploration Inc (CVE:KTR)’s stock price shot up 44.4% during mid-day trading on Wednesday . The stock traded as high as C$0.07 and last traded at C$0.07. 1,845,709 shares traded hands during mid-day trading, an increase of 688% from the average session volume of 234,116 shares. The stock had previously closed at C$0.05.

Kintavar Exploration Stock Up 44.4%

The firm has a market capitalization of C$8.36 million, a price-to-earnings ratio of -13.00 and a beta of 0.17. The business has a 50 day simple moving average of C$0.03 and a 200-day simple moving average of C$0.02. The company has a debt-to-equity ratio of 6.46, a quick ratio of 5.05 and a current ratio of 5.89.

Kintavar Exploration Company Profile

Kintavar Exploration Inc focuses on the acquisition, development, exploration, and evaluation of precious and base metals. It primarily holds interests in the Anik property covering an area of 145 claims totaling 8,116 hectares located in the towns of Chapais and Chibougamau; Rivière-à-l’Aigle project consisting of 161 claims totaling 9 026.07 hectares situated in the Chapais-Chibougamau region; and Mitchi property comprising 362 claims covering an area of 210 square kilometers located in the Grenville province in Quebec.