Kenadyr Mining (CVE:KEN) Shares Down 12.5%

Shares of Kenadyr Mining Corp (CVE:KEN) traded down 12.5% on Thursday . The company traded as low as C$0.07 and last traded at C$0.07, 10,000 shares traded hands during mid-day trading. A decline of 85% from the average session volume of 68,058 shares. The stock had previously closed at C$0.08.

The stock has a fifty day simple moving average of C$0.08 and a two-hundred day simple moving average of C$0.07. The stock has a market cap of $8.13 million and a price-to-earnings ratio of -1.94.

Kenadyr Mining Company Profile (CVE:KEN)

Kenadyr Mining (Holdings) Corp. investigates, evaluates, explores for, and develops mineral properties. The company holds a 100% exploration license in the Borubai gold project that covers an area of 164 square kilometers located in the Chuy Region, the Kyrgyz Republic. It also holds an option agreement to acquire 9 mineral exploration licenses covering an area of approximately 1,200 square kilometers of prospective gold ground within Middle Tien Shan carbonaceous shale belt of the Kyrgyz Republic.

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