Kerr Mines Inc. (KER.TO) (TSE:KER) Share Price Crosses Above Fifty Day Moving Average – Should You Sell?

Kerr Mines Inc. (KER.TO) (TSE:KER)’s stock price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$0.12 and traded as high as C$0.13. Kerr Mines Inc. (KER.TO) shares last traded at C$0.13, with a volume of 109,000 shares trading hands.

Kerr Mines Inc. (KER.TO) Stock Performance

The firm has a market cap of C$43.26 million and a PE ratio of -4.63. The company has a debt-to-equity ratio of 789.75, a quick ratio of 0.90 and a current ratio of 0.96. The firm’s 50 day moving average price is C$0.12.

About Kerr Mines Inc. (KER.TO)

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.