Kintavar Exploration (CVE:KTR) Trading Down 12.5% – Here’s Why

Kintavar Exploration Inc (CVE:KTRGet Free Report) shares dropped 12.5% on Thursday . The stock traded as low as C$0.04 and last traded at C$0.04. Approximately 224,000 shares changed hands during trading, a decline of 0% from the average daily volume of 224,566 shares. The stock had previously closed at C$0.04.

Kintavar Exploration Stock Down 12.5%

The company has a market capitalization of C$3.20 million, a P/E ratio of -3.27 and a beta of 1.09. The firm’s 50 day moving average price is C$0.02 and its two-hundred day moving average price is C$0.02. 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

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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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