KDA Group shares rose 20% amid higher-than-average trading volume, though the reason for the surge was unexplained.

KDA Group (CVE:KDA) shares climbed 20% on Thursday, reaching a high of C$0.23 and closing at C$0.21, up from C$0.18, on 100,079 shares traded—12% above its average daily volume. The company, which provides pharmacy services, pharmaceutical solutions, and technology platforms in Canada, has a market cap of C$40.83 million. Financial metrics include a negative P/E ratio of -5.09, a debt-to-equity ratio of 7.36, and a beta of 0.21. Its 50-day and 200-day moving averages are C$0.22 and C$0.25, respectively. The stock’s surge was not explained in the report.