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

Kerr Mines Inc. (KER.TO) (TSE:KER)’s stock price traded up 4.2% on Monday . The stock traded as high as C$0.13 and last traded at C$0.13. 109,000 shares changed hands during trading, a decline of 59% from the average session volume of 263,838 shares. The stock had previously closed at C$0.12.

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

The business’s fifty day moving average is C$0.12. 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 stock has a market capitalization of C$43.26 million and a price-to-earnings ratio of -4.63.

Kerr Mines Inc. (KER.TO) Company Profile

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.