Khiron Life Sciences (CVE:KHRN) Shares Up 25%

Khiron Life Sciences Corp. (CVE:KHRN – Get Rating) shot up 25% on Thursday . The company traded as high as C$0.08 and last traded at C$0.08. 147,516 shares changed hands during mid-day trading, a decline of 5% from the average session volume of 156,018 shares. The stock had previously closed at C$0.06.

Khiron Life Sciences Price Performance

The company has a quick ratio of 0.72, a current ratio of 2.02 and a debt-to-equity ratio of 9.46. The firm has a market capitalization of C$19.47 million and a price-to-earnings ratio of -0.47. The stock’s 50 day moving average price is C$0.07 and its two-hundred day moving average price is C$0.10.

Khiron Life Sciences Company Profile

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Khiron Life Sciences Corp. operates as an integrated medical and cannabis company in Latin America and Europe. It operates through Health Services, Medical Cannabis Products, and Wellbeing Products segments. The company focuses on the cultivation, production, distribution, and export of tetrahydrocannabinol and cannabidiol (CBD) medical cannabis.