Pink Sheets: Keweenaw Land Association Ltd. (KEWL) news stock charts
Keweenaw Land Association Ltd. (KEWL/KEWL.PK) Penny Investment Summary:
Keweenaw Land Association, Limited, together with its subsidiaries, engages in the ownership, management, and sale of mineral rights and timberland primarily in Michigan. As of December 31, 2007, it owned and managed 160,801 surface acres; 406,185 acres of severed and attached mineral rights in the Upper Peninsula of Michigan; and 151,805 acres of productive timberlands. The company also owned approximately 3,000 acres of non-forest land consisting commercial, recreational, or city properties. Keweenaw Land Association is based in Ironwood, Michigan.KEWEENAW LAND ASSN CTF INT (KEWL:OTC)
Snapshot of KEWEENAW LAND ASSN CTF INT (KEWL)
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OPEN
$187.00
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PREVIOUS CLOSE
$188.00
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DAY HIGH
$187.00
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DAY LOW
$181.00
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52 WEEK HIGH
05/18/09 - $205.00
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52 WEEK LOW
03/25/09 - $120.00
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MARKET CAP
120.7M
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AVERAGE VOLUME 10 D
625.6
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EPS TTM
$2.11
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SHARES OUTSTANDING
645.5K
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EX-DATE
12/16/09
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P/E TTM
88.6x
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DIVIDEND
--
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DIVIDEND YIELD
0.32%
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| K = Thousands M = Millions B = Billions | ||
Key developments for KEWEENAW LAND ASSN CTF INT (KEWL)
Keweenaw Land Association Ltd. announced that the Board of Directors has voted to eliminate its dividend, beginning with the first quarter of 2010. The quarterly dividend had been $0.20 per share. The Company will be paying the dividend on December 15, 2009 to shareholders of record on November 15, as previously announced.
Keweenaw Land Association Ltd., Annual General Meeting, Jun 23, 2009 Agenda: To consider the appoint of board nominees Mr. James P. Totten and Mr. David E. McDonald, Sr. and to consider the proposal to require the company to register under the Securities Exchange Act.
Keweenaw Land Association Ltd. announced that it has entered a mining lease with Orvana Resources US Corp. Keweenaw has leased to Orvana certain mineral rights in an area known as the 'Western Syncline,' located 20 miles northeast of Ironwood in northern Gogebic County in the Upper Peninsula of the State of Michigan. Orvana is referring to the leased area as the Copperwood Project. The project lies 19 miles southwest of the now-closed White Pine Mine, which produced over 1.7 million tons of copper between 1952 and 1996. Under the lease, in consideration of certain lease and/or royalty payments, Orvana will have access to mineral rights on 771 acres for a period of time that is the later of 20 years or until Orvana ceases to be actively engaged in development, mining, or related operations on the property. Orvana has indicated that it will initially invest in environmental studies relating to water and other resources to prepare for the permitting process. In addition, Keweenaw has extended an exclusive option to Orvana to lease mineral rights on 2,382 acres in the general area of the current mining lease.
Keweenaw Land Association Ltd. financial resources
KEWL Competitors
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Industry Analysis
| Valuation | KEWL | Industry Range |
| Price/Earnings | -- | Not Meaningful |
| Price/Sales | -- | Not Meaningful |
| Price/Book | -- | Not Meaningful |
| Price/Cash Flow | -- | Not Meaningful |
| TEV/Sales | -- | Not Meaningful |
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KEWL |
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KEWL transactions
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| No transactions in the last 6 months. | ||
Pink Sheets: More Recent Financial News About Keweenaw Land Association Ltd.
Keweenaw Land Association, Limited ("KEWL") Shareholder Ron Gutstein Responds to Board Decision
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Keweenaw Land Association, Limited ("KEWL") Shareholder Ron Gutstein Responds to Board Decision
Read article