Kintavar Exploration (CVE:KTR) Trading Up 44.4% – Still a Buy?

Shares of Kintavar Exploration Inc (CVE:KTR) shot up 44.4% on Wednesday . The company traded as high as C$0.07 and last traded at C$0.07. 1,845,709 shares changed 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 Price Performance

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

About Kintavar Exploration

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.