Kintavar Exploration (CVE:KTR) Shares Up 20% – Time to Buy?

Kintavar Exploration Inc (CVE:KTRGet Free Report)’s stock price shot up 20% during mid-day trading on Saturday . The company traded as high as C$0.03 and last traded at C$0.03. 799,493 shares traded hands during mid-day trading, an increase of 318% from the average session volume of 191,232 shares. The stock had previously closed at C$0.03.

Kintavar Exploration Price Performance

The stock has a market cap of C$2.74 million, a P/E ratio of -2.81 and a beta of 1.09. The company has a debt-to-equity ratio of 6.46, a quick ratio of 5.05 and a current ratio of 5.89. The business has a 50 day simple moving average of C$0.02 and a 200-day simple moving average of C$0.02.

Kintavar Exploration Company Profile

(Get Free Report)

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.

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