Karmin Exploration (CVE:KAR) Trading Up 12.7%
Shares of Karmin Exploration Inc. (CVE:KAR) were up 12.7% during mid-day trading on Wednesday . The company traded as high as C$0.80 and last traded at C$0.80, approximately 9,167 shares traded hands during trading. An increase of 14% from the average daily volume of 8,054 shares. The stock had previously closed at C$0.71.
The firm has a fifty day simple moving average of C$0.76 and a 200 day simple moving average of C$0.76. The company has a market capitalization of $54.66 million and a PE ratio of -27.59. The company has a debt-to-equity ratio of 8.79, a quick ratio of 0.03 and a current ratio of 0.03.
Karmin Exploration Company Profile (CVE:KAR)
Karmin Exploration Inc, a mining and exploration company, explores for and develops mineral properties in Brazil and Peru. It primarily explores for zinc, gold, and silver deposits. It owns interests in the Aripuana property located in Brazil; and the Cushuro property located in northwestern Peru. The company was formerly known as Ambrex Mining Corporation and changed its name to Karmin Exploration Inc in August 1999.
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