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Kane Biotech shares surged 28.6% on Friday amid heavy trading, with no official reason given.
Kane Biotech (CVE:KNE) shares jumped 28.6% to C$0.05 on Friday, with trading volume surging to 1.5 million shares—380% above average—though no specific reason for the rally was provided.
The Canadian biotech firm, focused on biofilm prevention and removal, markets products like Revyve wound gel and DermaKB skincare items.
The stock has a market cap of C$7.53 million, a negative P/E ratio, and liquidity ratios below 1, with 50-day and 200-day moving averages both at C$0.04.
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Las acciones de Kane Biotech subieron un 28.6% el viernes en medio de una fuerte negociación, sin ninguna razón oficial dada.