Kerr Mines Inc. (KER.TO) (TSE:KER) Trading 4.2% Higher – Still a Buy?

Kerr Mines Inc. (KER.TO) (TSE:KERGet Free Report) was up 4.2% during trading on Tuesday . The stock traded as high as C$0.13 and last traded at C$0.13. Approximately 109,000 shares traded hands during mid-day trading, a decline of 59% from the average daily volume of 263,838 shares. The stock had previously closed at C$0.12.

Kerr Mines Inc. (KER.TO) Trading Up 4.2 %

The company has a market capitalization of C$43.26 million and a price-to-earnings ratio of -4.63. The company has a current ratio of 0.96, a quick ratio of 0.90 and a debt-to-equity ratio of 789.75. The business’s fifty day moving average price is C$0.12.

Kerr Mines Inc. (KER.TO) Company Profile

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Kerr Mines Inc engages in the exploration and development of mineral properties. Its flagship property is the Copperstone gold project, which covers approximately 12,258 acres of surface area and mineral rights located in La Paz County, Arizona. The company was formerly known as Armistice Resources Corp.

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